Last week I called a buy at 0.7160 for the AUDUSD and this pair is riding almost 200 pips now.
The Point X of this pattern isn't the greatest, but there is a good structure to short AUDUSD at 0.74. However the crab pattern cannot be ignored so I will keep a sharp eye on this level.
The Point X of this pattern isn't the greatest, but there is a good structure to short AUDUSD at 0.74. However the crab pattern cannot be ignored so I will keep a sharp eye on this level.
Order cancelled:
The trigger bar just went through the zone. Therefore there is no trade. Will watch for further developments.