falling wedge on euro australian

hey traders,

after a massive selloff from 1.655 level of euro aud, it seems that the market has found support around 1.585 level.
the market contraction in falling wedge leaves us clues that the massive expansion is coming, however, we are not sure in which way.

I will be looking for a violation of a local resistance level to buy the market.

targets are based on structure.

your stop is below 1.58!

Kommentera:

still in sidemove

Kommentera:

bullish violation

Kommentera:

going up