EURAUD is CZ after hitting resistance at 161.8 fib. ext. forming a perfect harmonic AB-CD pattern. The rally up has low expectation, however, AUDUSD in bearish trend might influence the EA to rise.
Possible long according to perfect harmonic AB-CD pattern.
Crossing! Bulls or Bears and than Bulls? Nice fib confluence. Bullish channel.
Don't know how BTC reacts to market harmonics. It should behave like any other currency I guess. In that case, this possibility scares the life out of BTC traders. I am petrified by the look of this scenario although I don't trade BTC. Perhaps this is one of reasons I don't :)
If PA continues up, beyond 61.8, important levels to observe for possible shorts.
Shark with not so good fib confluence. On the other hand, perfection is nowhere to find :)
Aussi is in a long-term bearish trend. This shark is still valid until the PA breaks and closes below 889. RBA wants AU much lower, around 85. However, a good structural level supports 85. We will see if it is time for reversal or AU will continue it's bearish journey deeper. If AU reaches 85, we might look for good entry opportunity to long.
After a long-term downtrend it's time to go the opposite way :)
Although EU is still in bullish run, some bear tracks appear.
The long expected short on EU is on! Fed announced tapering, it's on the table. Next week, or next year?
Nice pattern continuation from Gartley to Shark, from bulls to Bears.
Slightly bullish on W chart shows a TCT by completion of this pattern.