Looking at a Gartley pattern on the EURAUD that completes at a major structure level.
The level has been hit several times (it goes way back, beyond what i can fit in the picture) and the price has turned and bounced many times.
This time along with a Gartley pattern completion. We have a nice 1:2 risk/reward on the first target and more than 1:3 on the second target. Stops go right above the X point of the impulse leg.