samoten

EUR/AUD Parade Of Harmonics (2)

Short
samoten Updated   
FX:EURAUD   Euro / Australian Dollar
Time for a pull-back? If we trust these beautiful 2 harmonics with D-point at the same price zone, I would say YES. And the pull-back seems to be deeper than just retesting the broken long time (5 months) resistance if we look for both TP's to be hit. Although my bias remains hawkish on this pair and I have buying intensively over last couple of weeks, now it is the time to look for selling opportunities if harmonics got confirmed. And buy again for trend reversal.
Good luck!
Order cancelled:
Trade is invalid. Looking at daily bearish Crab to be confirmed. Patience is the key.
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.