Hi Traders, we see a potential long opportunity here in AUDUSD for those who trade advanced patterns.
Seems to have a big reversal zone based on previous structure levels.
As always Entry level, Initial Targets and Stops on screen.
Could be a trade where we use Lower time frame for some more signals. Unless your an aggressive Cypher Trader then your entry would be 78.6%
Pattern is invalid if we violate X leg or price closes above the 1.414 BC Move
Enjoy and happy trading