Potential Long trade on Australian Dollar...!!
Actuall we have:-
1-Shark pattern
2-Consolidation (Conjestion) Support Area
3-Demand Zone
-We all know that The (D) complation point of "Shark pattern" is between 0.886 : 1.13 Fibo Retracment ( 0.886 - 1.00 - 1.13) .
-In this Pattern here we found that the Distance between 0.886 & 1.00 Fibo retracment is completly Confluence with Structure Support .. So we anticipate that we will find a Positive re-action there .
-The Area between (0.7620) & (0.7600) is Very good place to Buy the Aussi .
-Our Stop must be Below the Support area and the Demand zone .
-Our target is Between (0.7680) & (0.7670) ...where the 0.382 Fibe from (C) to (D) is to be .
Be Sure to Be Ready ....!!
Thanks .....!!
Actuall we have:-
1-Shark pattern
2-Consolidation (Conjestion) Support Area
3-Demand Zone
-We all know that The (D) complation point of "Shark pattern" is between 0.886 : 1.13 Fibo Retracment ( 0.886 - 1.00 - 1.13) .
-In this Pattern here we found that the Distance between 0.886 & 1.00 Fibo retracment is completly Confluence with Structure Support .. So we anticipate that we will find a Positive re-action there .
-The Area between (0.7620) & (0.7600) is Very good place to Buy the Aussi .
-Our Stop must be Below the Support area and the Demand zone .
-Our target is Between (0.7680) & (0.7670) ...where the 0.382 Fibe from (C) to (D) is to be .
Be Sure to Be Ready ....!!
Thanks .....!!