Short

EURAUD: Bearish Gartley and potential Butterfly

Updated

EURAUD is correcting for several days inside a narrow box from 1.5610-1.5810. Now we have price again near the resistance zone and completed also a bearish Gartley pattern. In this situation we can see a retest of the support zone again (green box). If price is going to break the resistance zone (red box) then we can see the completion of a bearish Butterfly pattern at 1.5950 and another possibility to sell again.

Good Luck!

Note

Butterfly pattern completed according to what i was expecting as potential second option.

Note

EURAUD:Bearish butterfly and a potential H&S on the top

KlejdiCuni

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