shomonrobie

AUDUSD Short on Symmetrical Triangle/Bearish Sentiment

shomonrobie Telah dikemas kini   
FX:AUDUSD   Dolar Australia / Dolar A.S.
Sell AUDUSD after break out blew Symmetrical Triangle
Consolidation for last 7 days, which created a perfect symmetrical triangle. So, price could break out above the desceneding trendline or break below the ascending trendline. Because market sentiment if Bullish for USD; I will sell if price breaks below ascending trendline

Daily Last Candle closed inside the previous Spinning Top; suggesting bear strength
Base Range of the Symetrical triangle is 115 Pips
So, target also 115 Pips; which is near 1.272 Fib Level

STOP LOSS: 15 Pip above the last Candle
Take Profit: 1.272 Fib Level
Risk Reward: 1.52



Komen:
Possible Entry Points after Monday Market Opening.

Komen:
I did not place this order as Price did not break below the ascending line!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.