11021992

2 potential advanced patterns on AUDUSD

FX_IDC:AUDUSD   AUSTRALIAN DOLLAR / US DOLLAR
Hi all,

On this pair we have 2 advanced patterns forming. Completion is at point D.
Stops and targets are in the charts, based on the 0.382 and 0.618 fib of the CD leg.
Will update when something occurs.

Best of luck!

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There was very strong resistance 0.7446 (based on Market profile and price action). There were very significant volumes traded there in the past. But it seems like the price went through it. If the market goes higher than 0.7525 I think this will work as a strong support and AUD/USD will shoot up.
If you like volume and market profile trading have look at my profile here at Trading View. I use mostly Market profile and price action for my analysis. Have a nice day.
Trader Dale
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