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glennmercer

Short AUDUSD: Potential Bearish 5-0 Pattern

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
glennmercer Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
5-0 Pattern Bearish 5-0 AUDUSD glennmercer gmercerfx reversal
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5-0pattern bearish5-0 audusd glennmercer gmercerfx reversal
AUDUSD has printed a sharp bearish candle after an uptrend. The setup has produced an opportunity to trade the bearish 5-0 pattern if price should reach the 50% retracement of the BC leg. Entry is placed at .5BC with SL above .786BC and targets at C and the 1.272 and 1.618 BC projections.
Order cancelled:
5-0 Setup Invalidaded, BC Leg has extended past 2.24AB.
Comment:
Invalidated*

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Long AUDUSD: 2 Cyphers + Crab + TCT + EMA/SMA Support + Pivots
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