AUDUSD experimental chart
Not to be taken seriously -- experimenting here
First 1.618% fib target hit Sep 2013
0.5 pullback meant not enough for another 1.618% target (0.83208)
0.618 pullback - more downtrend but trend is becoming compressed
trendline from 1.06 supports FALLING WEDGE theory
it has broken through too quickly however - it should have gone 0.86 then broken out
SO...
Primary idea: Fail 0.943, retest at 0.88-0.89 before heading back to 0.925 with a longer target of 1.02
Alt idea: punch through 0.943 and head for 0.99679
First 1.618% fib target hit Sep 2013
0.5 pullback meant not enough for another 1.618% target (0.83208)
0.618 pullback - more downtrend but trend is becoming compressed
trendline from 1.06 supports FALLING WEDGE theory
it has broken through too quickly however - it should have gone 0.86 then broken out
SO...
Primary idea: Fail 0.943, retest at 0.88-0.89 before heading back to 0.925 with a longer target of 1.02
Alt idea: punch through 0.943 and head for 0.99679
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.