qasimtahir

EURAUD - In Downtrend with AB = CD PATTERN

Short
OANDA:EURAUD   Euro / Australian Dollar
EURAUD chart in 4h time frame is in downtrend and there is no divergence observed. Therefore market can go more down.
Hence I'm using AB = CD Harmonic Pattern to take short entry with Sell Stop Order on the breakdown of "B" point Level with stoploss above at "C" Point which is last Lower High level.
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