powernick

USDAUD BULLISH ABCD PATTERN FORMATION

Long
FX_IDC:USDAUD   U.S. Dollar / Australian Dollar
2
ABCD Rules Of Engagement:
1. Point C must retrace to a 0.618 of the A - B move
2. Point D must be a 1.272 projection of the B - C move
3. Buy/Sell at the D leg completion.

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.