Eur/Aud sell

2 sie 2018

Ok, if you saw my Aud/Usd chart, and if you watched my live stream, then it makes sense for EA to be a sell. Seems to be swinging seven down. 1.236 extension lines up with 50%. I underlined your levels, so watch out for that first one because it can make another shoulder there, but totally worth getting to break even and at least letting it run to the 50% fib at that point. It is possible that EA is making a zig zag down In the larger scale which would be a huge sell. If aud/Usd reversed to at least retrace it's last wave, which is possible even though I am only anticipating a flat pattern to break the high at this time, then I would expect EA to be on its "C" leg on the weekly to break the low even, but it is probably a 50-60% "X" wave retrace right now. I explained this one pretty thoroughly in my live stream I just finished. Channel link below.