AUDUSD Short
Weekly resistance line. Daily deceleration and doji, supported by intraday break down
Break and retest, completed wave 1 and pullback at .382 Fib and 20EMA with high test. Enter late, but on 5M 50EMA break and 20EMA small pullback, likely already within wave 3.
Target Fib extension 1.218 at 2:1
Break and retest, completed wave 1 and pullback at .382 Fib and 20EMA with high test. Enter late, but on 5M 50EMA break and 20EMA small pullback, likely already within wave 3.
Target Fib extension 1.218 at 2:1
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.