HHCWW

EURAUD in descending Channel forming Harmonic Patterns

Long
FX:EURAUD   Euro / Dollar Australien
I spotted these Harmonic patterns before the big channel started & also inside it, besides A head and shoulder, with X of the yellow pattern as the head of the left Shoulder & C of the red pattern as the head of the Right Shoulder. Keep an eye on it Once the green pattern completes, I'll go long from D to 61.8 fibo of AD ( Red pattern) ... The Green Harmonic is purely speculative as long as its C isn't on the chart. The Pair broke the red trend on the Daily time frame so be careful with the buy position though !
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