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trungle83
4 kwi 2017 06:48

AUDUSD H4 Long Opportunity Week April 4-7 Long

Australian Dollar/U.S. DollarFXCM

Opis

I am seeing a BAT Pattern and an AB=CD Pattern completing at approx 0.7519-0.7521 with strong confluence a D point.
The D leg for both BAT Pattern and AB=CD completes exactly at 0.75205 with a FIB EXT of 1.414 a few pips away.
Low to High swing also shows another confluence of 0.382 at PRZ
The PRZ is also an a major support level.

TP1 0.760
TP2 0.765
SL 0.7479

Please feel free to comment, questions or feedback.

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Testing and rejecting @ PRZ.
The other thing I forgot to mention is that PRZ is also at the extreme low on the Decending Channel.

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Testing Major Support Area

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Next moves? Provided there are no GAPS on Monday (Aussie open)

Transakcja zakończona: osiągnięto poziom stop

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Good support level.
Being patient with this one

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Wait for a clear break out as the trend is still down ward direction.

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TP1 Hit

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