glennmercer

Short AUDUSD: Wolfe Wave + 3 Patterns at Trendline Resistance

Corto
glennmercer Actualizado   
FX:AUDUSD   Dólar australiano/Dólar estadounidense
AUDUSD has entered the PRZ of 3 bearish harmonic patterns. The zone falls in the sell area of a bearish Wolfe Wave and is backed by strong resistance. SL is placed above bat completion. Targets are set at .382 and .618 retracements of CD.

Confluence in the PRZ:
  • Bearish bat pattern completion (2X)
  • Bearish crab pattern completion
  • Bearish Wolfe wave
  • Strong trendline resistance
  • 2.24BC projection
  • AB=CD pattern completion
  • 2.24BC projection
  • 1.618ab=cd

Trendline Resistance:

Thanks for viewing and don't forget to click the thumbs up button and follow for future updates and more trade ideas!
Comentarios:
Target 1 has been hit - I am leaving the entire position open and moving SL to B/E as I believe this has potential to run to the target line.
Operación cerrada: precio stop alcanzado:
SL reached at break even +0 Pips

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.