Telvis1

Big Flag Pattern on AUDUSD.

做多
FX:AUDUSD   澳元/美元
Expect a BIG rise in Price Soon


Monthly Time frame shows a rise in price then a retracement to 0.618 Fibonacci Level. That 0.618 retracement area is also a Hidden Key Level, and also in a RBR Zone Area of Demand. Price created a Flag Pattern during retracement, signaling a continued rise in price after retracement is done. Price is still sitting in zone areas but is expected to rise soon. Could very well play around in that area before being ready to complete flag pattern, and bounce off of zone to do a big rise in price.

Confirmations For Buyer Movement
- Price's reaction from 0.618 Retracement
- Price's reaction to RBR Zone of Demand
- Flag Pattern signaling upward movement
- Ichimoku Clouds show price just getting over clouds on Monthly, signaling buying movement.
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