I have noticed that many traders are looking for long trades on AUDUSD.
In this trading idea, I suggest you focus your attention on potential harmonic abcd pattern.
D point of the pattern lies perfectly on the horizontal structure support level 0.7.
A lot of buying orders are opened around this level so it will be a high chance to see a pullback.
Levels for targets: 0.703 and 0.705
Note
Market has reached a support zone
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✅Join My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.