RCP

AUDUSD: Time to Rally

Long
RCP Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hello traders!
There is a very interesting formation on AUDUSD , that indicates that the bear market is going to the end and its time for bulls. As we see there is a nice bullish gartley @ 0.6945 and a good opportunity to buy. In addition very nice structure level @0.6936 is supporting the bulls. if you look left you see that currently the price is at the latest lows level which is a good sign that market is more likely to reverse and rally up. If the market goes up and makes NSH then we are in a bull market where the big gartley could be finished and we wil have an opportunity to get involved in a correction leg as well.
--
Avto_T
Financial Analyst
www.rcpforex.com
www.facebook.com/roy...lcapitalpartners.rcp
Trade active
Trade closed: target reached:
Target 1 reached

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.