So 
AUDUSD has been forming a textbook Wyckoff distribution pattern and is hanging by a thread atm. We are currently entering phase E which according to the Wyckoff distribution schematic is a markdown phase. You can clearly see the price manipulate the highs and break down out of the structure. If you still haven't shorted yet you might want to wait for the falling wedge to break or wait for some type of institutional candle of some sort. Targets would be according to my fib levels around the .382 and the .618 retrace. Follow for more trade setups! Good Luck traders!
NOT FINANCIAL ADVICE!
AUDUSD has been forming a textbook Wyckoff distribution pattern and is hanging by a thread atm. We are currently entering phase E which according to the Wyckoff distribution schematic is a markdown phase. You can clearly see the price manipulate the highs and break down out of the structure. If you still haven't shorted yet you might want to wait for the falling wedge to break or wait for some type of institutional candle of some sort. Targets would be according to my fib levels around the .382 and the .618 retrace. Follow for more trade setups! Good Luck traders!NOT FINANCIAL ADVICE!
24k BTFD
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24k BTFD
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。