If the price doesn't go below the invalidation level and is able to find support at around 0.886 fib, its possible for us to see AUDUSD create a new uptrend.
I will be following this setup and update this thread if/when its validated or invalidated.
Let me know what you think in the comments below.
I will be following this setup and update this thread if/when its validated or invalidated.
Let me know what you think in the comments below.
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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.