AUSUSD - SHORT Position Setup
Updated
AUDUSD likely to take a SHORT position since resistance around 0.649 can hold!!!
In my MT5 I do DTF time frame analysis by using DTosc the momentum likely to be a bearish reversal.
And when I look at m15 time frame the price was likely in triangle correction pattern which near;y to be end soon!!!
So I think Short position could be a potential to be took on this pair.
The maximum target will be on green zone, but you have to look closely at 0.63-.635 level!!!
*This is not trade signal, it's just my point of view*
In my MT5 I do DTF time frame analysis by using DTosc the momentum likely to be a bearish reversal.
And when I look at m15 time frame the price was likely in triangle correction pattern which near;y to be end soon!!!
So I think Short position could be a potential to be took on this pair.
The maximum target will be on green zone, but you have to look closely at 0.63-.635 level!!!
*This is not trade signal, it's just my point of view*
Note
I was open short position at 0.65158 and move sl to 0.648 to cover my profits. Now late night in Thailand so I will update tomorrow. Lucky allNote
My TP still open
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