AUDUSD - Trendline/ Harmonic Analysis - 10/5/2020

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Long opportunity

Technical Analysis :

• Market is in an uptrend
  
• Just touched support price line
  
• Our target will be for market to re-test resistance line
  
• Moving Averages also show in both 50 and 200 a long opportunity
  

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ملاحظة

if second candle closes bearish could confirm a trend reversal. For advance pattern traders (bat pattern) a great shorting opportunity to fibs levels 0.554 & 0.382

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ملاحظة