In the AUDUSD this morning we are in the later stages of a 3 Drive pattern into a 61.8% Fib level. There hasnt been a decent retracement to sell but now im thinking this could be the start of the first retracement to take us back up to the 0.75 area and if there is a nice ABCD pattern back up then that will be the chance to flip from long to short.
Monday morning thoughts.
Let me know what you think or do you see something else.
Enjoy the day.. 👍👍
Comment
AI has an expected turn coming up shortly. 👍👍 This is where things add up to find that nice entry.
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