HarmonicForex Weekend Analysis – EURAUD

<div><div>Hi everyone,</div><div>During class over the weekend we were looking at EURAUD H1 Bearish Gartley pattern, worked out nicely when markets opened again on Monday (TP1&amp;TP2). Now we are back to the PRZ for a Type2 trade.</div><img src="http://static.wixstatic.com/media/11e264_e249669e42a64a1eb07a2303c960d883~mv2.jpg" /><div> I advise caution on this T2 trade, H1&amp;H4 momentum shows that the up move is strong. I am expecting this to go much higher. Let's look at the bigger TF</div><div>The EURAUD H4 chart is showing a Bearish Shark pattern completing at 1.6228. This level coincides with an ABCD pattern too. I would be interested to short at those levels.</div><img src="http://static.wixstatic.com/media/11e264_8f00e05c84944729a226c99b0c9a7e08~mv2.jpg" /><div>Looking at an even bigger picture, the weekly charts points this pair higher. Looking to short when the patterns completes. See weekly chart below.</div><img src="http://static.wixstatic.com/media/11e264_fde3597b1fb243c7acf71dca81b8f04d~mv2.jpg" /><div> Cheers everyone. Trade safe and trade well.</div></div>