FX:AUDUSD   Australian Dollar / U.S. Dollar
Looking bullish first target being 0.78300 then 0.7900. Can see the harmonic pattern has been completed and bullish momentum has continued. we have higher lows. We have 3 scenarios here:

1) Price can either decrease on the opening of the market to the trendline to give a possible 3rd trend line bounce then continue to the upside targets provided.

2) Price can also reach 0.78300 to create a double top formation then a fall in price down to the trend line to give the 3rd trend line bounce.

3) Price can reach both targets without the trend line bounce.

Therefore the safest stop loss is to be places below the trend line if swing trading, if conducting day trades stop losses can be set accordingly.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out