Euro / Australian Dollar

Short

Updated

EURAUD-H1- Reciprocal ABCD

I expect price will respect this harmonic pattern on this pair.
We see:
- parallel channel
- reciprocal ABCD (purple)
- structure resistance
- bearish divergence on macd
- macd crossing moving averages

Lets see what happens.

Note

firt target hit, moving sl to be

Trade closed: target reached

second target hit

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.