AUDUSD short term bullish, Libra pattern formed+potential AB=CD
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AUDUSD short term bullish Libra pattern formed + potential AB=CD move Watch closely at 0.7426 ~0.7482 area as that's the previous structure and fibo 0.618 level
Suggest not to take any long positions currently, rather wait for AB=CD to complete and selling signal appear at the mentioned area to short
Note
Short term resistance line broken, longed at 0.7290 potential AB=CD move to 0.7317
Note
False break out, however it just formed a bullish bat from this small correction
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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.