AidanMDang

GBPAUD Retest Neckline, Reversal off .382 & .618 Fib Confluence

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AidanMDang 已更新   
OANDA:GBPAUD   英鎊/澳元
Price was rejected at 1.84500. This is why 1.84500 is an extremely significant level of rejection:

1) This C level correlates precisely with the .382 retracement of the AB Impulse Leg

2) This level correlates precisely with the .618 retracement of the Impulse Leg

3) This level is a perfect retest of the broken Head and Shoulders Neckline.

4) This level is also surrounded by a strong area of structure (highlighted in yellow)

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