AUDUSD: ABC Pattern in developing? for OANDA:AUDUSD by TheAnonymousBanker

AUDUSD: ABC Pattern in developing?

Technically speaking, the AUDUSD pair is very attractive in short term. If we look at 30' chart, it seems that another bearish leg is still in play and could trigger something like ABC Pattern.

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The pair should trigger some technical rebounds on small time frames, but as long as the price remains below the first swing, the trend on 1H chart is bearish. But the most important thing is to have a large margin to manage the position

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Trade closed: target reached

Target 1 hit! 🚀💗

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still bearish...

Trade closed: target reached

target 2 hit

TheAnonymousBanker

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