AURAUD SHORT
I've been following this pair since late August as i noticed XABCD pattern direction.
Now it's completing the last wing and there's at least 200 pips left. it should touch at least Fibonacci's 0.786 at 1.60871.
But I'm predicting it will touch way lower than that point down to the daily red uptrend-line, before taking the bullish road.
XABCD is one of my favorite harmonic patterns as it allows you to follow a specific pair for weeks if not months.
Now it's completing the last wing and there's at least 200 pips left. it should touch at least Fibonacci's 0.786 at 1.60871.
But I'm predicting it will touch way lower than that point down to the daily red uptrend-line, before taking the bullish road.
XABCD is one of my favorite harmonic patterns as it allows you to follow a specific pair for weeks if not months.
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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.