Aud/Usd bearish trend continue soon?
Updated
Found a good setup on 4-hourly chart with multiple confluence.
Fibonacci Level 61.8%(the golden ratio) is great to use with a solid Price Action setup.
I will be looking to short here with protective stop just above the 76.4% and target zone will be position around -61.8% (which is somewhere around 0.65500)
Happy Trading & Enjoy the Good Weekend.
Fibonacci Level 61.8%(the golden ratio) is great to use with a solid Price Action setup.
I will be looking to short here with protective stop just above the 76.4% and target zone will be position around -61.8% (which is somewhere around 0.65500)
Happy Trading & Enjoy the Good Weekend.
Trade closed: stop reached
Too bad got hit-ed SL, Price Rallied strongly & formed an Bullish Engulfing on Daily Chart
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.