Fellow traders, sharing my thought on AUDUSD. Please check my charts and share your views for further analysis.
تعليق:
Because of the ongoing H4 candle formation and given AUDUSD is on a side move and has never made any higher high after 0.7064, I am thinking that the price would retreat further below. Have drawn a Fib to indicate levels. Hope this is useful. Will keep updating this area until I move out of this trade.
تعليق:
Entered a trade at 0.6994 and moved stop loss to break even.
تعليق:
The pair is not able to break the 0.6920/30 level.. we will see momentum only if the pair closes further below.
تعليق:
SL Hit in my case. This update will be closed and a new chart will be shared on AUDUSD when I find another opportunity. Thanks.