AUDUSD - Moving Averages

180
A structure trade that has a buying opportunity as market pullback 50% on Fibonacci Retracement and it that offers target1 to have 1.5:1. The candle was above both moving averages, and the target1 coincide with the area for potential shorting opportunities of both Deep Bearish Gartley Pattern and ABCD Pattern.

Trade engaged with tight stops.

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.