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Euroaussie

EURAUD About To Start A Huge Move Down!I have been waiting for this setup for quite some time and posted this analysis a while ago. On the daily time frame we have a 5 wave corrective structure that broke to the downside. We then saw a smaller structure form below that and we are now seeing a break of the smaller structure. This indicates that the short break is valid. I am waiting for my entry trigger/setup and will enter this trade when my strategy triggers. There are over 2000 pips in this trade if I am able to hold it all the way down but will be trading smaller time frames on the way down as well. Contact me via direct message for any assistance required Cheers Linton
Short
by Linton_White
5
LONG EURAUD - STRAT TRADE: 99.13% PROBABILITY OF REVERSALLong EURAUD: 1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) EURAUD has a cumulative probability of a =>6th day lower at 0.87%, hence there is a implied 99.13% chance of reversal on the daily. Trading Strategy: 1. Buy EURAUD at market in 1xlot, and add 2x on each daily close lower from here. Start in VERY small lots to reduce risk and ensure you can add on adverse moves lower. TP is the next daily close higher. Any questions please ask - also see performance attached of recent trades using the same stats
Long
by QuantumLogicTrading
2