Advanced Harmonic Setup Cypher

14 thg 2, 2017

AUDUSD has been ranging in between .76960 and .76000, also at the .786 retracement level which is currently right under our key supply zone. Daily support is @ .76813 and price has been consolidated there for many days now. With the halt in price at this level the harmonic pattern is looking that much more validated and the daily resistance along with the supply make this a very strong confluence area for price to possibly turn bearish.

Target for bearish move would be .75600 -.75175