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TradingInvestor
12 Mac 2018 pukul 14.21

AUDUSD Cypher Pattern and ABCD 

Australian Dollar/U.S. DollarFXCM

Huraian

AUDUSD is right now in a very strong consolidation which is beneficial for harmonic patterns.

Fundamentals are mixed, but thanks to risk-on attitude on the market right now AUD is gaining and it is possible that it won't last long.

On the chart you can see a Cypher Pattern within an ABCD Pattern, making it a good trading opportunity.

Watch the area between 78,6%-100% Fibo XC (or BC of ABCD Pattern) for potential entry.

Remember to support you trading with fundamental analysis :)
Lebih