Possible Short After the Completion of Upward Retracement

FX:EURAUD   Euro / Australian Dollar
Possibility of Forming Bearish Bat Pattern here. Currently Looks like Point X, A and B have been completed... Now price is moving up to form Point C..

Target possible location for Point C will be around Fibo 61.8 and 78.6 Level. By Looking at the Trendline's projection seems like price may have a chance to reverse at Fibo 78.6 level..


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