Roker1
Long

Is AUDUSD ready to reverse?

FX:AUDUSD   Australian Dollar / U.S. Dollar
Hi guys,
this is the AUDUSD 4hr chart and i've been waiting for this AB=CD to complete for a long time, now the moment has come. We have an AB=CD pattern completing right at a previous daily structure level, with some Fibonacci confluence and a nice RSI divergence.
If price shows us some buy signal it would be a good chance to go long and make some profit, risk to reward ratio seems pretty good.
Keep you updated.

If you want to share your idea about this or simply ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Comment: At the moment i'm waiting to see a break of this trendline:
Comment: Price has now entered the yellow box.
Order cancelled: Price broke to the downside, not interested anymore.
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw
Good Luck
+1 Reply
Roker1 SaeedRehman
@SaeedRehman, thanks mate!
Reply
0.700 would be a better level for me anyway :) am watching too
+1 Reply
Roker1 SaeedRehman
@SaeedRehman, that would also be a key level!
Reply
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