Bullish Gartley vs Bearish 2618 // IF=THEN ®

12 Ara 2015

EURAUD

Missing the "V" shape on this double top, but until now all the behavior is similar to a 2618 trade setup...

Double top, neck broken, found support @1.435$ previous resistance, retracement... (CHECK LINK BELOW )

Now, IF the price hit the 61.8% retracement (previous neck) and IF there's any indication of a reversal, we can sell this pair with an AB=CD basic pattern as target. Also with one harmonic pattern on the way, one bullish Gartley pattern that will complete his formation around @1.4267, forging point D.
The same, IF we see any indication of a reversal at this price level, as rsi divergence on oversold conditions or macd or whatever indicator we are using, we can think about buying this pair...

Safe trades;