EURAUD has completed a bearish bat pattern in a PRZ that aligns with resistance provided by 2 significant trendlines. Missed pivots sit below price to add to the bearish bias. SL is placed above trendlines with target at .618CD.
Confluence in the PRZ: 1. Bearish bat pattern completion 2. Significant trendline resistance 3. 2BC projection 4. 2.618AB=CD 5. Missed pivots below price
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