Hi guys,
Watch this one for a sell.We have a strong Fibonacci retracement resistance ceiling, as well as major moving average resistance. Price is very weak from a technical stance and I am strongly expecting downside. This could be corrective downside, although we will soon find out if it could be impulse if it breaks previous structure support, perhaps one more bounce before the next big move down.
In light of this pair, it is worth watching AUDUSD for a buy setup.
Best regards,
Tom_Killick
Watch this one for a sell.We have a strong Fibonacci retracement resistance ceiling, as well as major moving average resistance. Price is very weak from a technical stance and I am strongly expecting downside. This could be corrective downside, although we will soon find out if it could be impulse if it breaks previous structure support, perhaps one more bounce before the next big move down.
In light of this pair, it is worth watching AUDUSD for a buy setup.
Best regards,
Tom_Killick
Nota
Price has pulled back slightly, we can use this opportunity to watch for a short on a lower time frame. This one could be very profitable.
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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.