Extreme bullish harmonic impulse wave within a 88.6% retracement of 0-X leg, i think AUDUSD may reversal at 0.7496 zone, it's a good risk reward ratio, it need a CONFIRMATION first, confirmation will be RSI crossing 30 level, Min SL will be low of RSI confirmation candle, if there are not those conditions SIGNAL would be INVALID
Commentaire:
There is a AB=CD pattern on BC leg, PRZ is between 0.7497 - 0.7485, RSI >30 will be the trigger
Trade fermée manuellement:
As RSI is at overbought conditions, you can close right now half of positions and update SL to 0.7528