Aussie dollar is offering a 700$ a lot opportunity
after the daily engulfing pattern we wait for a retracement to finish the inverse head and shoulders pattern
that will target 61.8 or 76.4 % fibo level from last low to last high scored.
risk to reward ratio is great we might look for another short from above since the weekly chart looks weak.
that will target 61.8 or 76.4 % fibo level from last low to last high scored.
risk to reward ratio is great we might look for another short from above since the weekly chart looks weak.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.