Hello traders. First of all wish you all good start of the trading week.
So as I monitor
AUDUSD
recently, I like the move it does. We had nice Long opportunity following the Short one. ( you can see my link below).
Now we have the following opportunities.
1. Nice potential bullish Bat pattern (light blue), completion @0.7253, right at the structure support.
We have nice R/R for this setup.
2. Potential bullish Gartley pattern (dark blue), completion @0.7879 with nice R/R.
I think both patterns worth taking, you can take one which suits your plan, although you can get involved in both patterns.
I want to mention here as well that we have potential 2618 set up as well. if price breaks the neckline and rallies up.
In conclusion I want to say that this pair is GOLD and why: We went short at double top (see link below) now we look for long opportunity on one pattern or both, then we face 2618 setup and we go short straightaway.
So as I monitor
AUDUSD
recently, I like the move it does. We had nice Long opportunity following the Short one. ( you can see my link below). Now we have the following opportunities.
1. Nice potential bullish Bat pattern (light blue), completion @0.7253, right at the structure support.
We have nice R/R for this setup.
2. Potential bullish Gartley pattern (dark blue), completion @0.7879 with nice R/R.
I think both patterns worth taking, you can take one which suits your plan, although you can get involved in both patterns.
I want to mention here as well that we have potential 2618 set up as well. if price breaks the neckline and rallies up.
In conclusion I want to say that this pair is GOLD and why: We went short at double top (see link below) now we look for long opportunity on one pattern or both, then we face 2618 setup and we go short straightaway.
