AUDUSD Shark Pattern

11 בדצמ׳ 2017

AUDUSD made a clear bearish impulse wave on D1 time frame which wave 5 happens to be extended. Wave 5 extention is 161.8 of Wave 1 to Wave 3. This also coincide with the completed shark pattern region and also supported by a trendline on daily time frame. Price is expected to rise towards 0.78000