AUD / USD - Short
A throw-back will occur now that price has hit the 200 SMA. This will happen soon after the RSI-2 value of 95 is reached and starts to come back down. Price may then come back down to 0.77456
At this time the HARMONIC zig-zag may very well continue 13 WAVES, now heading downward on it's 7th WAVE !
At this time the HARMONIC zig-zag may very well continue 13 WAVES, now heading downward on it's 7th WAVE !
Note
As indicated, this pair is Wonderfully DIVERGENT by looking at the MACD !Trade closed: target reached
Took Profit !
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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.