KlejdiCuni

EURAUD: Potential Bullish BAT patern

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KlejdiCuni Diupdate   
FX:EURAUD   Euro / Dollar Australia
12
Price is breaking a strong resistance zone (green) and we have a potential bullish BAT pattern that completes near the trend line and in this situation we have a trend continuation pattern. There is a high possibility that price can reverse in the yellow zone. For more see on the chart.
Good Luck
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Price compelted the BAT pattern and is breaking the trend line. Also it is facing with 200 EMA as dynamic resistance level. For those who are in the trade 38.2% Fib.Retracement from A to D leg was achieved but as long as we are in a bullish continuation pattern the prices should go a lot higher after breaking 200 EMA.

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