TradeYodha
Short

EURAUD 4H Short Idea (Gartley, Harmonics, Structure)

FX:EURAUD   Euro Fx/Australian Dollar
#EURAUD 4H Short Idea ( Gartley )

@TradeYodha (TradeYodha.com)

1. Overall Down trend on Daily
2. 38.2% fib retracement level of last daily leg in the zone
3. 200sma is in the zone
4. Fibonacci Cluster
5. Harmonics Move Expected
6. Gartley Pattern in the zone

As both 50sma and 10sma are lagging behind, I am expecting a pullback from the current price level and then price to come back into the zone.

Wait for confirmation in the zone
I would love to hear your opinion, feel free to agree or disagree in your comments.

Please give it a (thumsup) if it makes any sense.
Update: We are in the zone and there is a double top showing on smaller time frame
snapshot
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Update: it can go upwards again
snapshot
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