AUDUSD in a downtrend, currently possible buy correction in prog
Currently AUDUSD is in a downtrend but I am expecting this to correct up to 61.8% FIB. I have TP ZONES on the way up. My entry was a clean .70577 with a stop moved up .70608
Short term buy
TP1 @.71000 -.7120
TP2 @.7140 - .71550
TP3 @.71700
SELL ENTRY to be determined (TBD) on exit of buy. I will be looking for a sell pattern for that opportunity. Good luck Traders hope you enjoy my analysis!
Short term buy
TP1 @.71000 -.7120
TP2 @.7140 - .71550
TP3 @.71700
SELL ENTRY to be determined (TBD) on exit of buy. I will be looking for a sell pattern for that opportunity. Good luck Traders hope you enjoy my analysis!
Note
TP1 hitNote
Au giving another buy in opportunity. I have added a new position for a buy againNote
AU BUYS CONTINUENote
TP2 hitNote
tp3 hit .7170 ----I have shorted but it may still go up---
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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.