- entry was on 2h -bullish engulfing on the 2h -break of counter trend -stop loss set 20 pips below entry via 2h -perfect rejection off the 61.8% retrace -still blue over red sma & ema - overall looking to make new highs/test resistance
looking to rise around 6700, looking for a short after.
if we look back Aud failed to stay under major support that it broke. will we see aud continue to drop? will we shoot backup to .73800?
retrace on the 4h, and 1d. looking for buy limit entry around the 61.8 area. many confluences.