on audusd pair we see a very nice harmonic abcd pattern. what I like about this abcd pattern is that it perfectly matches with a significant level of structure looking left.
however, being a conservative trader I will be looking for a confirmation on a lower timeframe. on 30M chart we have a consolidation around 0.716 level and formation of a double top I will be looking for a bearish violation of local support to sell the market
targets are based on structure, however you can be more aggressive and set you initial target based on the market low
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