beank1

AudUsd Beautiful MultiConfluence Textbook Trade

FX:AUDUSD   Australian Dollar / U.S. Dollar
here is a nice example of a break and retest (last kiss) as well as a fibo retracement lining up right with the support & new resistance
double top and neckline retest
taking it from zone to zone, from .5 fib retracement resistance zone to the support zone and extension area of -272
another confluence is 14 and 50 ema are under 200ema
32pip profit here if u tp'd at -272
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.