Short AUDUSD: Potential Bearish 5-0 Pattern

AUDUSD has printed a sharp bearish candle after an uptrend. The setup has produced an opportunity to trade the bearish 5-0 pattern if price should reach the 50% retracement of the BC leg. Entry is placed at .5BC with SL above .786BC and targets at C and the 1.272 and 1.618 BC projections.

Ordre annulé:

5-0 Setup Invalidaded, BC Leg has extended past 2.24AB.

Commentaire:

Invalidated*