AUDUSD WAVE ANALYSIS 23 AUG 19Hello Everyone,
AUDUSD we can clearly see free fall before and after FED rate cut. In Short term corrective 3 waves is forming on this pair. I am expecting Wave C Starts from 0.6753 target for this wave is 0.6877.
Abcpattern
Falling Wedge Breakout : Bullish Continuation : 1: 4 Risk RewardLong Hindunilvr above 1713
Stop-loss Below 1692.50
Target 1795 ( Target Set as 1: 4 RR )
Other confluence.
1) Price Stopped at 50% Re. of Previous Swing.
2) ABC Correction - zig zag - Price Stopped at 1.272 Extension of Wave C
3) Inverted Head & Shoulder in Lower Time Frame of 60Min.
Bullish Harmonic - AUROBINO PHARMA (Daily)Hello Traders,
I have observed Bullish Gartley Pattern on AUROBINDO PHARMA. It look price soon will enter Potential Reversal Zone (PRZ). Here, PRZ is made of 0.786XA, AB=CD and 1.27AB Fibonacci ratio confluence. This potential trade has a risk/reward ratio of 1:1.2 for Target-1 and 1:2 for Target-2.
Follow this idea for further updates.
Happy Trading!
