audusd. at market sell
Updated
An example of a harmonic approach. The Potential Reversal Zone (PRZ) is formed by 0.886XA retracement complemented by 1.272AB=CD measurement and 1.618BC inversion. Terminal price bar spiked through the PRZ and then closed lower. RSI slows down but not yet pointing down. Maybe need some reversal confirmation on lower timeframes. Good luck
Order cancelled
Looks like the Potential Reversal Zone was broken. No trade was taken.
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.