bearish AB=CD Harmonic pattern on AUDUSD (H1 & H4)

17 апр. 2019 г.

Bearish ABCD Pattern just almost completing the D leg signalling a pull back of over 40pips. Its obvious price has been trading within a channel for approximately two weeks, and currently at the resistance of the channel. Price is also in a supply zone, and finally we have a bearish regular Divergence on H1. With all these converging technical view a Sell limit at 0.72131, stop loss @ 0.72499
& Take profit @ 0.71683 will be ideal.