The aussie has formed a bearish shark, the rsi is signalling a bearish move because it is in an overbought conditions, the previous 2 signals worked perfectly. I think that price might easily reach the 50% fibo retracemnt of the last leg of the harmonic pattern, so I mean 0.7145.
That is the first take profit
second take profit : 0.7100 which is 61.8%
LAST take profit (close half position at tp1 or tp2): 0.70058
STOP LOSS: 0.7345
That is the first take profit
second take profit : 0.7100 which is 61.8%
LAST take profit (close half position at tp1 or tp2): 0.70058
STOP LOSS: 0.7345
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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.