EURAUD BUY - 4 hr

2020-01-05 00:36:03

Here we have a Big falling wedge pattern happening in the 4 hr timeframe.
Zoomed in on the 1Hr we see another falling wedge that has already broke out and has a good 80 pips or so potentially to the upside.
after this we will be watching closely to see if this then rejects the trend line of the big falling wedge or if we then have a breakout and continuation to the upside.
a buy trade now has extremely high potential, especially if we see that breakout and continuation.

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