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MikulovicFOREX

AUDUSD: Bullish shark pattern

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
MikulovicFOREX Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns Shark AUDUSD Forex trading mechanicaltrading
12
2
trendanalysis harmonicpatterns chartpattern sharkpattern audusd forex trading mechanicaltrading
A bullish shark pattern formation with completion point coming in at previous resistance - now support ?

Support at the 261.8% fib ext.

Yellow rectangle highlights the Gartley PRZ coming from the daily timeframe.

Good luck to all trading AUD/USD !!
Comment:
Very extended shark pattern, though the chart appears to be finding some support at a 161.8% fib ext.
snapshot

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