EUR/AUD falling inside the minor ABC correction 4 Next sell target - 1…
Tag - eur
The price hasn't fixed above 4/8 MM Level, so wave [c] of 2 may have been ended. Therefore, there's developing wave (i).
There's a bullish "Harami", which hasn't been confirmed yet. Therefore, we could have a local correction.
We've got a "Double Top", which has been confirmed, so the price is consolidating. Also, there's a "Flag" pattern.
Expanding bullish Ichimoku Cloud, rising Senkou Span a; a golden cross of Tenkan-sen and Kijun-sen; the prices tested a main resistance on 1.1300 and back again to the support of the Cloud.
The price has been consolidating since the last "Inverted Hammer" formed. However, we've got a "High Wave at the local low.
There's a consolidation, which is taking place between the levels 1.1234 - 1.1161. Also, the price broke the Moving Averages.
EUR/CAD approached support level 1…
There's a developing consolidation, but we've got a confirmed "Inverted Hammer" on the 55 Moving Average.
There's a diagonal triangle in wave (v) of [c], so wave 2 may be ended. In this case, we're likely going to have wave (i).
Recommendation: SELL 1…
There's a "Double Top", which has been confirmed. Therefore, bears are likely going to reach the closest support.