AUDUSD Short
Hit long term resistance and fell short, small retest of 50EMA with high test candle
Intraday break and retest with MACD divergence, 1H high test candle at 382 Fib and 20EMA followed by bearish engulfing
Stop above 50Fib retracement
Target 1.272 Fib extension, 2:1
Intraday break and retest with MACD divergence, 1H high test candle at 382 Fib and 20EMA followed by bearish engulfing
Stop above 50Fib retracement
Target 1.272 Fib extension, 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.