0.6510 is a very strong resistance on the Weekly AUDUSD chart.
It is also the high of last week.
There is also a crab pattern here.
Finally lots of Divergence on different timeframes to make this a high probability trade.
It is also the high of last week.
There is also a crab pattern here.
Finally lots of Divergence on different timeframes to make this a high probability trade.
Trade closed: target reached
Closed with 80 pip profit as it hit target 1. Going Long now.
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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.