AUDUSD
Updated
Evening traders!
1D Chart
Here is a great longterm setup with possibly multiple positions that can be taken here.
Currently we have an emerging MEGA Gartley with an internal Wolf Wave confluence.
I built the Wolf Wave on a 4H chart.
With a current target of (5) with an expected 400 pip movement. This is a great opportunity for PRO or Ameture traders looking to make a profit.
My tolerance for risk is sitting at about 90% upwards.
There are pattern formations inside of pattern formations. Depending on your skill, understanding confluence as a trader becomes more and more important.
Note: I would be paying attention to the reports related to this pair as it is an interesting setup.
1D Chart
Here is a great longterm setup with possibly multiple positions that can be taken here.
Currently we have an emerging MEGA Gartley with an internal Wolf Wave confluence.
I built the Wolf Wave on a 4H chart.
With a current target of (5) with an expected 400 pip movement. This is a great opportunity for PRO or Ameture traders looking to make a profit.
My tolerance for risk is sitting at about 90% upwards.
There are pattern formations inside of pattern formations. Depending on your skill, understanding confluence as a trader becomes more and more important.
Note: I would be paying attention to the reports related to this pair as it is an interesting setup.
Note
A great example of technical and fundamental analysis converging.Note
Please understand that this was a huge opportunity and at a 200 lot short is a MASSIVE $800,000 profit!Note
If anybody has any charts or analysis to add please feel free, as I see many more opportunities like this emerging. Any Questions please leave in comments below
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