OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Saw this Bullish Shark that formed on AUDUSD during the latter part of last year, going into the beginning of this one. This would have been a great position to execute anywhere between 0.69401-0.70217.

Based on the selling that started taking place around 0.71283, I know some were starting to take profits.. Well played! I'll keep monitoring. I just happened to notice this as I was going through charts, looking to identify harmonic patterns.

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.