EURAUD - In Downtrend with AB = CD PATTERN
EURAUD chart in 4h time frame is in downtrend and there is no divergence observed. Therefore market can go more down.
Hence I'm using AB = CD Harmonic Pattern to take short entry with Sell Stop Order on the breakdown of "B" point Level with stoploss above at "C" Point which is last Lower High level.
Hence I'm using AB = CD Harmonic Pattern to take short entry with Sell Stop Order on the breakdown of "B" point Level with stoploss above at "C" Point which is last Lower High level.
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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.