Buying EURAUD for 100 pips

 

A potential opportunity to earn a near 100 pips profit by buying the EURAUD has arisen under the 4-Hour timeframe.

EURAUD (4-HOUR) BUY

Why Buy

An Up Trend line pattern

All but one Trend (long term) indicators are pointing up

Extreme Indicators are pointing oversold meaning it should start moving up again

Two consecutive up candles have been formed

Read more about this hereand the Trend/Wave/Extreme system used to create this analysis here.

Files:
 

I've sold it at 1.2720 and sold more now at 1.2684.

Reason, Expecting AUD/USD will go up and eur/usd will be below 1.32 or go down.

 

when I read the header I could swear I saw word "FRAUD" instead of " EURAUD".....

 

lol Pava sir, your line was too funny.

PS: eur/aud and gbp/aud are more hot than eur/usd and gbp/usd. Especially with the post modern era where brokers are offering low trade-able spreads on them.

Regards,

Nick