OANDA:AUDUSD   Australian Dollar / U.S. Dollar
I'm back with another 5-0 pattern but this time on the 4h timeframe with AUD/USD.

The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50

Excellent trading opportunity with over 1:3 risk to reward.

I've got more analysis on the way, stay tuned!

📈 Master the Art and Science of Trading: www.sixfigurecapital.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.