Today on Nov 19, 2012, the
EURAUD currency pair exhibits nice emerging ABC patterns in three different time frames, the 5 min, 4 hour and daily charts. The chart and the purely educational video below show how an entry into the marked would be possible in the lowest time frame (5 min) with a relatively low-risk nearby stop, but with a potential to catch a long run that might lead up to 1.3 or higher in the daily time frame.
Video Analysis: EURAUD
Be aware that trading any kind of financial asset carries the risk of loosing money!
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