AUDUSD: False breakout incoming?! 1:7 RR Short!
Using Fibonacci Inversions, I found that there may be a false breakout of the AUDUSD where it is going to lightly break out of the higher low, but will dip down into the 161.8 (0.73967) area!
If I play this correctly it could be a good 1:7 short!
Good luck comrades! let me know what you think!
If I play this correctly it could be a good 1:7 short!
Good luck comrades! let me know what you think!
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.
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.