AUDUSD
just broke out from its daily trend line, but in 1h chart, its showing overbought level with divergence. also it is at its PRZ for a bearish AB=CD pattern with a 1.618%AB extension.
we could see a possible pull back at the beginning of the weak, and change our position once with reach our buy zone.
risk reward wise 1:2 for initial tp and at least 1:4 to our secondary target price.
we could see a possible pull back at the beginning of the weak, and change our position once with reach our buy zone.
risk reward wise 1:2 for initial tp and at least 1:4 to our secondary target price.