pcharts
Long

Very bullish move up towards its short

FX:AUDUSD   Australian Dollar / U.S. Dollar
109 0 0
New month, pop.. Gap up...

Left to right..

Fib 1 very big front run on its 50 level long, its almost going up from the 38.2 line already. To target at the -0.236
Fib 2 now since we don't retrace but continue higher you draw fib extensions from the previous zero line. Look how the long traded again with a very big frontrun.
Fib3 and fib4 are two other ways you could have traded the longs on smaller timeframe.

Looks very bullish , except for the gap at the bottom. Very interesting to see what will happen. Maybe this is a sign the short will trade, maybe it will not be filled.
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