LONG NOW, PRICE TARGET ABOVE 0.700
Divergent for the indicator and the price action which form the 1st evidence.
2nd is the triangle is formed and the price already break out the triangle resistant.
3rd the 5 wave pattern is completed.
price target at 0.700 the retracement level of the fibo retrace level 0.382 level and plus the small double bottem pattern give your the same price target.
SL 36 pips, when the price back into the triangle, we will see how it develop.
2nd is the triangle is formed and the price already break out the triangle resistant.
3rd the 5 wave pattern is completed.
price target at 0.700 the retracement level of the fibo retrace level 0.382 level and plus the small double bottem pattern give your the same price target.
SL 36 pips, when the price back into the triangle, we will see how it develop.
Trade closed: stop reached
DXY is falling while AUD even weaker. It is expected due to this trade is short term against my fundamental. Price back to Channel.
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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.