Short AUDUSD: Potential Bearish 5-0 Pattern
Updated
AUDUSD has printed a sharp bearish candle after an uptrend. The setup has produced an opportunity to trade the bearish 5-0 pattern if price should reach the 50% retracement of the BC leg. Entry is placed at .5BC with SL above .786BC and targets at C and the 1.272 and 1.618 BC projections.
Order cancelled
5-0 Setup Invalidaded, BC Leg has extended past 2.24AB.Comment
Invalidated*
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