(4h) Double top, broken neck, support / 618 retrace / 2618 ®
AUDCADDouble top;
Broken Neck;
Support found @0.9864$;
61.8% retracement;
It looks like an ABCDE pattern, i'm expecting the bears to get in action ;)
2618 setup complete;
Safe Trades;
Note
Overbought @ daily resistance, eventual point E forged...Note
No overbought condition, my fault! ;)Note
Sink...
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
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Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
Related publications
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.