AUDUSD AT 80% !!!
https://www.tradingview.com/x/LRoTduoW/
Nice pinbar formed on Friday at 80% retracement. I think it is a good time to buy against otherwise strong short term bearish move. It came out of Elliott triangle, so I assume it is the end of the cycle. Price action in channel is choppy and at the lower trendline, the last move is extended. The price should hit T1 soon.
Nice pinbar formed on Friday at 80% retracement. I think it is a good time to buy against otherwise strong short term bearish move. It came out of Elliott triangle, so I assume it is the end of the cycle. Price action in channel is choppy and at the lower trendline, the last move is extended. The price should hit T1 soon.
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