Andre_Cardoso

61.8% + 61.8% = 127% ext. // IF=THEN ®

Short
FX:AUDNZD   Dollar Australien/Dollar Néo-zélandais
AUDNZD

With a similar behavior as an 2618: double top followed by a 61.8% retracement;
I do NOT take this as a "default" double top because of the shape, in fact it isn't a double top, but the price action, curiously is the same...

Rounded top, already published before with a broken neck, the price found support @1.07281 (daily support D1), retracement to the 61.8% a few pips above daily resistance D1 (not there yet, but we are "in the zone" and bulls still strong)

Patterns:

Major Bullish Gartley, double 61.8% retacement followed by an 127% extension; (pink)

Eventual Bearish Cypher with point C synced with AB=CD pattern point D; (brown)

Eventual Bearish Gartley to complete @1.12$ (black)

Safe trades;

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.