AUDUSD: BEARISH TP: Swing to 0.665 - 300+ Pips #Forex #FxProNow AUDUSD: BEARISH TP: Swing to 0.665 - 300+ Pips #Forex #FxProNow
Analysis has stayed the same. We are currently up 100 pips since the call. We have experienced a minor pull back of 40 pips and I have scaled in for another trade still heading to the 0.665 region.
From Point A - 0.718 to Point B - .69
Price Retraced to 38.2%
TP - 0.665
SL - 7.03
Audusd4hr
AUDUSD - Small BEARISH - TP - 0.700 - #Forex #FxProNowAUDUSD - Small BEARISH - TP - 0.700 - #Forex #FxProNow
The main trend is a Downtrend on the Daily and Weekly TF.
With that being the case my main focus is the downwards pushes.
Only thing is we are at a level of support on both TF.
So with that being the case.
Entry - ENTERED - We have gotten to a Price Reversal Zone and we have gotten our Bearish engulfing.
TP - (-27%) - 0.7000
SL - 0.72050 - If price decides to pass its last H on the M30 TF I will close my sell and wait for the market to make a move because my real trade is the for price to get to the MAJOR level of support again and enter in my Buy for the upsides real move.
So, with that being said... For this full and long explanation check out the video... :)