PavanKulkarni

EURAUD - Bearish Gartley

Short
FX:EURAUD   Euro / Australian Dollar
EURAUD has come a long way down. I guess we could see it tank a little more. The Bearish Gartley is showing up falling in line with the major trend with an amazing risk to reward ratio.

Look to short at 'D' with stops above 'X'....
Target 1 at .382 retracement of 'CD'
and
Target 2 can be covered at 'C' or we could expect a serious move down.

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.