TradingView
OsamaAbouzeid
Jul 15, 2015 7:05 PM

AUDNZD_FIBS LEVEL CONSOLIDATION  Short

Australian Dollar/New Zealand DollarFXCM

Description

The tend is inside the decision zone and there is good opportunity to reverse due to :-
1- Completion of ABCD Pattern.
2- 1.618 Fibs extension for LH Leg
3- 1.27 Fibs extension for XL Leg.
4- 0.382 Fibs retracement for XY Leg.
5- 0.618 Fibs retracement for XF Leg.
6- Valid support structure level .
7-RSI Regular divergence
More