Short

AUDUSD

Updated

HELLO TRADERS I AM KELACHI FROM NIGERIA, I HOPE YOU BENEFIT FROM THIS ANALYSIS. NOTE THAT MARKET IS REACTIVE AND NOT PREDICTIVE.

AUDUSD WAS IN A STRONG BULLISH MOVEMENT. A "M FORMATION" PATTERN WHICH IS A RELIABLE PATTERN IS ACTIVE. THE SECOND LEG IS COMPLETE AND RETESTING OF THE NECKLINE IS ACTIVE AND SHOULD HEAD TOWARDS THE TARGET.

TO BE A PART OF THE TEAM SEND A MESSAGE.

THE TARGET IS GOTTEN BY USING THE FIBONACCI RETRACEMENT TOOL AS A GUIDE TO AN EXACT POSSIBLE LEVEL PRICE CAN FALL. IF PRICE REACHES THE .786 OF THE FIBONACCI THEN A POSSIBLE FALL TO THE GOLDEN RATIO WILL BE UPDATED.

IF YOU FOUND THIS EDUCATIVE AND INFORMATIVE PLEASE CLICK THE LIKE BUTTON AND FOLLOW FOR MORE.

Order cancelled

Kelachi

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