AUDUSDDouble Top followd by a 61.8% retracement;
Target the Extensions, look left, "structure leaves clues" ;)
At the other side of the coin, an eventual bullish momentum can send the price aboveprevious high's with a 5 waves impulse:
wave2=61.6% retracement, we should target an extension of wave 1 into the 161% price zone, then a retrace that can not surpass top of wave 1, end finaly wave 5=wave1, this will target @0.72800$;
Remember, nothing in life is guaranteed;
Safe Trades;
open.spotify.com/track/6DlXUNBr45eoYCb19CizKY
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.
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.