PlutusX

EURAUD Harmonic BAT Analysis and Strategy

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FX:EURAUD   Euro / Dólar Australiano
This pair recently fell from a major resistance zone and price action has also recently broken below a major trend line trend line (yellow). This trend line has become a resistance zone as well. We also see the formation of a harmonic Bat Pattern and we predict it will be completed. These are all bearish technicals and our strategy is to trade the 4th leg of the pattern. EURAUD

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