AudUsd, Elliot wave triangle, Monday while bank holiday in USA Aussi Dollar was consolidationg earlier london session just around 0.71500 and as Dxy getting back strength and china usd deal is in progress, this pair has chance to break 0.71000 level.
My thoughts on two alternate ideas:
IDEA 1 - If it breaks the support zone and the trendline it would go lower to the next zone which is either at the 38.2% or around the 61.8% on fibs (that's more long term those levels as I did the fibs a bit wider, however even if I did a smaller fibs the zones I drew out will still be around key levels).
IDEA 2. If it...
Hey all im new but been noticing this keep comming up andthought i would share could be a criticl point at the
apex ??Around the 16th matbe.Just wanted to put this out there i've added some text to the chart to explain
better if you want to buy me a cuppa tea if it pans out my adresss is below.
New trader learning and looking for patterns.Lets see what happens at...