60M Bearish Gartley Pattern
The EURAUD pushed higher today completing the bearish Gartley pattern at the 1.272 Fib extension level. Although price has come down to test a recent minor structure level which also happens to be at the even handle 1.5700. There still maybe an opportunity to enter if price action moves higher for what would be a third test of the 1.5751 level. Depending on each individuals rules for trading these patterns will either allow a late entry or not, your rules are your rule.
AUD News coming up within the next few hours although it's not red flag it's still something to be aware of.
News - NAB Quarterly Business Confidence
Lets see what happens in the over night session and see if we can hit targets.
AUD News coming up within the next few hours although it's not red flag it's still something to be aware of.
News - NAB Quarterly Business Confidence
Lets see what happens in the over night session and see if we can hit targets.
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.