AUDUSD had fall and targeting a new harmonic support 0.786 at around 0.72540
Stop and Reverse Trader as I mention previously should hold till 14th November with Target Profit 0.72600 to secure profit
Arigatou Money In for trader who make a huge profit, after recovery from a 55 pips loss.
XAUUSD just make a strong bullish movement and instantly close the 1859.00 gap
AUDUSD should do something similar, prevent a Bullish Movement after touch the 0.786 Retracement forming XAB pattern
The lower trend line had been tested twice, there're probability for AUDUSD to break the Flag Pattern, forming a very strong Bearish Trend
But consider, it is just Mercury Retrograde period, which bring Gold into a bullish trend, and AU has a positive correlation with gold, higher probability for AUDUSD to retest the lower trend line and make a strong bullish momentum targeting to the 1.272 External Retracement
Stop and Reverse Trader as I mention previously should hold till 14th November with Target Profit 0.72600 to secure profit
Arigatou Money In for trader who make a huge profit, after recovery from a 55 pips loss.
XAUUSD just make a strong bullish movement and instantly close the 1859.00 gap
AUDUSD should do something similar, prevent a Bullish Movement after touch the 0.786 Retracement forming XAB pattern
The lower trend line had been tested twice, there're probability for AUDUSD to break the Flag Pattern, forming a very strong Bearish Trend
But consider, it is just Mercury Retrograde period, which bring Gold into a bullish trend, and AU has a positive correlation with gold, higher probability for AUDUSD to retest the lower trend line and make a strong bullish momentum targeting to the 1.272 External Retracement
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.
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.