Buy 
AUDUSD
Back Side of the Trend Line
Kings Crown Formation/ Possible Reversal
Previous Resistance becomes current support
Price Retraced from .618 Pivot Point
Price Broke above consolidation and previous resistance
Right now retesting the break
IF SUPPORT (GREEN BOX), AND THERE IS BULLISH CANDLE STICK FORMATION AND PRICE MOVES ABOVE COUNTER TRENDLINE ( Red), I will buy this pair
Risk 10 Pips below resistance (red box)
Target 1: 1.272 fib extension
Target 2: 1.618 fib extension
AUDUSDBack Side of the Trend Line
Kings Crown Formation/ Possible Reversal
Previous Resistance becomes current support
Price Retraced from .618 Pivot Point
Price Broke above consolidation and previous resistance
Right now retesting the break
IF SUPPORT (GREEN BOX), AND THERE IS BULLISH CANDLE STICK FORMATION AND PRICE MOVES ABOVE COUNTER TRENDLINE ( Red), I will buy this pair
Risk 10 Pips below resistance (red box)
Target 1: 1.272 fib extension
Target 2: 1.618 fib extension
Trade closed: target reached
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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.
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.