As we saw that monthly resistance, 0.77500, is simply to strong for our Aussy, we are sellyng it..
Forming nice double top, and big red candle we are up for selling this. My entry will be at 38.2% FIbb retracement, 0.76200, with first target of weekly support, 0.75100 and second 0.71550.
one position is on 50% FIbbs, 0.75400 so I would have at least 1:1 R/R ratio..
Forming nice double top, and big red candle we are up for selling this. My entry will be at 38.2% FIbb retracement, 0.76200, with first target of weekly support, 0.75100 and second 0.71550.
one position is on 50% FIbbs, 0.75400 so I would have at least 1:1 R/R ratio..
