AUDUSD - 5-0 Pattern

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If you have followed last week's analysis(link at the bottom), you could have caught some profit from the Bearish Shark Pattern setup.

It's a bad idea to jump in the trade and take the short trade now because you won't have an edge over the market.

Instead, you could wait for the 5-0 Pattern completion for a counter-trend move. The formation can complete as early as 0.7263. It is a 316pips profit potential trading setup. All the best to you.

#iToldYouSo

Penafian

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