FX:AUDUSD   Australian Dollar/U.S. Dollar
607 6 23
ABCD COMPLETED WITH VALID 3 BAR REVERSAL ON D1 @ 161.8%.
STOPS BELOW D1'S LOW.
AIM FOR STANDARD 38.2 AND 61.8.

GOOD LUCK.
CLICK THUMBS UP TO FOLLOW THIS TRADE.
UPDATE 2: PRICE CLOSED OUT OF POSSIBLE BEAR FLAG.
POSSIBLY INVALIDATE THIS IDEA.
AND CONTINUE BEARISH TREND.
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Thank´s. Aussie it´s up. Very good.
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ENTERED LONG @ MARKET.
@ 50%.
@ BOTTOM OF CHANNEL.

NOTE THAT THIS CHANNEL COULD ACTUALLY TURN OUT TO BE A BEAR FLAG, MAKING THIS WHOLE LONG IDEA INVALID.
MAY CHANGE TO SHORT IF VALID CLOSE H4 BELOW THIS POSSIBLE BEAR FLAG.
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UPDATE 1 :
CURRENTLY DRAWING A FIB TO SEE WHICH OF THIS FIB I COULD CATCH TO GET A GOOD BUY.
TRADE ONLY IF VALID REJECTION PATTERN APPEARS ALONG FIBS.
POSSIBLE 2618 LONG FORMING ON H1. BUT IM OPEN TO ALL FIBS LEVEL.
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+1 Reply
couldnt' agree more! there is 1.618 ext as well
+1 Reply
Yes mate, your kind of trade.!
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