themarketzone

Possible Aggressive C entry - Harmonics

Long
FX:EURAUD   Euro / Australian Dollar
Possible Aggressive C entry in $EURAUD as we see potential for a bearish Gartley in the 4H chart.
The price is currently above structure support and above the 200 SMA support. A good place for a stop loss would be below 1.432 (although the technical level should be below point A)
Initial target level for a bullish move will be 1.468, which is a structure resistance.
The final target, in case of a breakout, will be the completion of the Gartley pattern near 1.5

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