AUDUSD HAS BEEN FORMING A MONTH-LONG WEDGE, AS WELL AS A DOWNWARD PITCHFORK. AUDUSD IS ABOUT TO INTERACT WITH THE BOTTOM SUPPORT OF THE WEDGE, BOTTOM SUPPORT OF THE PITCHFORK, AS WELL AS HITTING A FIB LINE. IF BOUNCES, LONG, IF BREAKS ALL THREE SUPPORTS, MAJOR WEAKNESS SIGN.

CREDIT TO: ICETRADING FOR THE ORIGINAL PITCHFORK CONCEPT.
1upaudBearish PatternsBullish PatternscarefulfibForexlikemoneyPitchforksretracementreversalsupportTAtradingUSDUSD (US Dollar)watchWedgeyungfinance

Related publications

Disclaimer