#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.
@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.