Bp_Tradezz

Possible buying opportunity

Long
FX:EURAUD   Euro / Australian Dollar
Descending wedge spotted - possible indication of bear weakness. Will be looking to trade upon breakout of the wedge
Comments and/or suggestions highly appreciated:)
Trade active: limits set for the retest have been activated
lets see how this turns out :)

Comments

Nope, unfortunately you’re wrong. You need to look at the long term fundamentals - EURAUD is falling hard in the near future…sells only
+1 Reply
@rorymac3 ah noted! Fundamentals is something I’ve started looking at - hopefully ill get the hang of it soon lol. But i guess ill see what happens with this analysis since a significant breakout hasn’t occurred yet. Thankyou :)
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