{"id":100725,"date":"2017-01-13T08:08:53","date_gmt":"2017-01-13T13:08:53","guid":{"rendered":"http:\/\/countingpips.com\/?p=100725"},"modified":"2017-01-13T08:08:53","modified_gmt":"2017-01-13T13:08:53","slug":"euraud-strict-bullish-wolfe-wave-at-the-bottom-of-atr","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/01\/euraud-strict-bullish-wolfe-wave-at-the-bottom-of-atr\/","title":{"rendered":"EUR\/AUD Strict Bullish Wolfe Wave at the Bottom of ATR"},"content":{"rendered":"
January 13, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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The EUR\/AUD has been dropping heavily but at this point the ATR has already been overshot by 9 points (see the top left corner). We could see a counter trend movement in the pair where the trend line 1-3 might be a signal for a potential breakout for the long trade. Have in mind that this is a potential breakout as the point 5 might still extend to the downside. Signal for breakout is the break of 1.4296-98 to the upside and we might see EPA (Estimated Price at Arrival) target hit. EPA confluence with ATR is 1.4340-52. This is a strict Wolfe Wave because point 4 lies between points 1 and 2.<\/p>\n

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Article by Admiral Markets<\/b><\/p>\n

Source: EUR\/AUD Strict Bullish Wolfe Wave at the Bottom of ATR<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The EUR\/AUD has been dropping heavily but at this point the ATR has already been overshot by 9 points (see the top left corner). We could see a counter trend movement in the pair where the trend line 1-3 might be a signal for a potential breakout for the long trade. Have […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-100725","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/100725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=100725"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/100725\/revisions"}],"predecessor-version":[{"id":100726,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/100725\/revisions\/100726"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=100725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=100725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=100725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}