AUDUSD - Trendline/ Harmonic Analysis - 10/5/2020
Updated
Long opportunity
Technical Analysis :
Technical Analysis :
- Market is in an uptrend
- Just touched support price line
- Our target will be for market to re-test resistance line
- Moving Averages also show in both 50 and 200 a long opportunity
Note
if second candle closes bearish could confirm a trend reversal. For advance pattern traders (bat pattern) a great shorting opportunity to fibs levels 0.554 & 0.382Note
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