Buy AUDUSD King Crown Formation, Counter Trendline Break
Buy
AUDUSD
Back Side of the Trend Line
Kings Crown Formation/ Possible Reversal
Previous Resistance becomes current support
Price Retraced from .618 Pivot Point
Price Broke above consolidation and previous resistance
Right now retesting the break
IF SUPPORT (GREEN BOX), AND THERE IS BULLISH CANDLE STICK FORMATION AND PRICE MOVES ABOVE COUNTER TRENDLINE ( Red), I will buy this pair
Risk 10 Pips below resistance (red box)
Target 1: 1.272 fib extension
Target 2: 1.618 fib extension
AUDUSD
Back Side of the Trend Line
Kings Crown Formation/ Possible Reversal
Previous Resistance becomes current support
Price Retraced from .618 Pivot Point
Price Broke above consolidation and previous resistance
Right now retesting the break
IF SUPPORT (GREEN BOX), AND THERE IS BULLISH CANDLE STICK FORMATION AND PRICE MOVES ABOVE COUNTER TRENDLINE ( Red), I will buy this pair
Risk 10 Pips below resistance (red box)
Target 1: 1.272 fib extension
Target 2: 1.618 fib extension
Trade chiuso: obiettivo raggiunto
