AUDUSD
1. Big Bat pattern 0.886XA@0.698
2. Price may go up to 1.27-1.414 area for a Cypher pattern
completion, starting point of CD leg might range from 0.698-0.70
3. 78.6% retracement of daily chart is also near 0.70
4. RSI oversold obviously
5. MACD shows divergence
6. Previous Stucture
7. Support of the blue uptrend line
Therefore, with these reasons, I'll keep my eyes on the
PRZ and wait for clear signal to long this pair.
1. Big Bat pattern 0.886XA@0.698
2. Price may go up to 1.27-1.414 area for a Cypher pattern
completion, starting point of CD leg might range from 0.698-0.70
3. 78.6% retracement of daily chart is also near 0.70
4. RSI oversold obviously
5. MACD shows divergence
6. Previous Stucture
7. Support of the blue uptrend line
Therefore, with these reasons, I'll keep my eyes on the
PRZ and wait for clear signal to long this pair.
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.