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 here and the Trend/Wave/Extreme system used to create this analysis here.

Success.
As suggested the pair did move 100 pips up.

EURAUD (4-HOUR) BUY

If you did not catch that trade then you are in luck my friend ,as the pair has corrected significantly following its up move providing another opportunity to buy it for another 100 pips.

Why Buy

An Up Trend line pattern that keeps going higher
Most Trend (long term) indicators are pointing up
Extreme Indicators are pointing oversold meaning it should start moving up again

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