Pin_Point_Signal_Service

Price action combined with Harmonic pattern

Short
FX:EURAUD   Euro / Australian Dollar
5
On the chart we can see that price is forming Rising wedge pattern which indicates that price should reverse to the down side. Also BC leg of Harmonic Bat pattern is completed which is another indication that it is possible that price will continue to the down side and complete CD leg and complete Bat pattern. If price breaks to the upside it will retest Daily trend line.
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.