symmetrical triangle again
we hit the strong 618 resistance line and I am expecting it is coming to the next support line 382 Entry: 113.287 Final Target: 111.048
short setup: 1.09255 Target: 1.0826 The uptrend is losing momentum, we have another shooting star on the top.
Hit the 0.382 resistance line dropped. aim for another high.
after finished 5 waves, let see the A B C waves.
There are 5 waves , 1,2,3,4,5 waves where at the 4th wave contains the symmetrical triangle
Given bad data from USD and also AUD hits its support line. Entry: 0.73845 Target: 0.74905
short setup: 1.36860 Target 1: 1.35030 Target 2: 1.34106
Target: 110.486 risk/reward ratio: 6.01
short at: 1.08395 Target 1: 1.06997 Target 2: 1.05855
It is not clear whether it will break the current resistance line, therefore, if it breaks, I will be looking to short at a higher price. If not, I will wait for a confirmation signal to short recently.
short: 1272.84 Target: 1224.74 (0.382 level)
Hit resistance line 618 losing momentum , no higher high. Shooting star
I think that the downtrend is losing momentum, but I need a another day to confirm the end of this downtrend. Therefore, I will look to long. Target: 1.00675