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EURAUD - Bearsish Bat at 1.5070
Euro / Australian Dollar
Short
EURAUD - Bearsish Bat at 1.5070
By TerryHarmonicTrading
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Updated
Oct 5, 2017
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Oct 2, 2017
This is a bearish bat pattern completing on EURAUD.
Last week, price has touched the PRZ and price failed to close higher.
This morning, price started to drift lower with increase in volume breaking previous low.
I will personally be waiting for a retest of a resistance level before going short on this.
Likely a high probability setup.
EP: 1.5070
SL: 1.5120 (50)
TP: 1.4880 (190)
Will keep you guys posted.
Oct 5, 2017
Comment
Updates.
Previous idea to short at 1.5070 scrapped.
Will only be interested to short EURAUD above 1.51.
See chart below for new Shark Pattern Formation
EURAUD
Harmonic Patterns
terryharmonic
volumespreadanalisys
TerryHarmonicTrading
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