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SN_Trader

EURAUD Long with RTM and Chart Pattern *Educational Purpose*

Long
Euro / Australian Dollar (OANDA:EURAUD)  
SN_Trader  
OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Support and Resistance Wedge continuationtrade
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trendanalysis supportandresistance wedgepattern continuationtrade
EURAUD price is forming the Falling wedge pattern (Expected reversal)
- A double bottom appeared in the minor structure.
 - Up-trust of the price after it touches support, breaking the minor structure to the upside. *To be clear, price may go to the upside, wait for it to break the higher price structure, and it didn't make the lower low*
 - The Rebound of the price at 1.168 Fibonacci Extension 
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