AUDUSD going to test the 0.61 fibo, horizontal resistance and the upside of the trendchannel. If we have a bearish H4 candle at 0.7470-0.7480, this is a good possibility to short the audusd and start for a big move downside. daily chart is relly bearish with a strong resistance at 0.7450. thanks for your likes and comments
We reached the target of the bearish flag, exactly on the really strong daily resistance at around 0.6990. We could start correction to 0.7080 and 0.7190 soon. But untill now i dont have a bullish pattern in H4 or H1
if we dont do a correction before reaching ab=cd + 1.61 (aound 85.00), this would be a nice level for a little break of uptrend, consilidation or correction before reaching the strong resitance at around 86 - 86.50. If I any bearish pattern @ 85 jpy, i will short. feel free for comments or likes, thank u :)
if the h1 candle dont close into the broken chanel we can short to at least 117.30 - 117.40
More downside expected, feel free for like & comment
no H4 close above the high of the false breakout so were still in the trend chanel. looking for start of correction at least to trendline and 0.236 fibo max cap close at 0.886 fibo.
After false break out of trend chanel we do the intern retesting. We are on a big resistance in weekly chart, see other chart i will publish.. feel free for like & comment
see details on chart. feel free to like & comment
see details on chart, feel free to like & comment
Interesting Level. Im looking for a bearish candle-Close H4 at resistance around 1.1300. After the Close I will short EURUSD with stopp above H4 Candle
See Details on Chart. Wait for a bearish H1-Candle Close at resistance
Just an idea. See entry, target and stopp on the chart. Nice daily support too.