Euro / Australian Dollar

Short

Updated

EURAUD : H&S formation - bearish

After a long rally from an ending diagonal of wave 3 the pair is forming a Head and shoulder pattern. The breakdown of the neckline will bring the prices down to the previous supported as shown in the analysis.

Note

cool ! it started coming down

Note

minimum expected target achieved

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
tradingsutra.com
waveutra.com

INSTAGRAM-
instagram.com/mansh_25

TWITTER-
twitter.com/mansh_25

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@TRADINGSUTRA @WAVESUTRA

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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.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
tradingsutra.com
waveutra.com

INSTAGRAM-
instagram.com/mansh_25

TWITTER-
twitter.com/mansh_25

YOUTUBE -

@TRADINGSUTRA @WAVESUTRA

Also on:

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.