AUD/USD - Bullish 5-0 + GOLDEN RATIO X2 + Resistance

Here we have a bullish 5-0 on the 4H chart with the AUD/USD.

After the big jump to C point, we can look to watch price retrace from the resistance zone and make its way down to D point.

For even further confirmation, we are seeing the Golden Ratio 1.618 appear twice at B and C point.

The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
AUDUSDBatchrisschultheisgoldenratioHarmonic PatternslewisglasgowPHIpipssix000sixfigurecapital

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