thorsten107
Short

EURAUD Harmonic Pattern

FX:EURAUD   Euro Fx/Australian Dollar
82 1 0
its not a pattern. i waiting for an doppel top
entry short @ 1.5460
stop @ 1.5510
target 1 @ 1.5369
target 2 @ 1.5314
trader888
2 years ago
im not sure why the title was "EURAUD Harmonic Pattern" if in the description you say "its not a pattern" because clearly you are right it's not a pattern at all. The b point is in the wrong place it should be higher and to the right which would make it above the maximum 61.8 retracement and probably more like a 0.786. Then the C point would also probably just meet the 38.2 and you'd be looking at it as a butterfly if you were looking at it as a harmonic pattern. very confused but a good effort.
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