AUDUSD short vibes
Aligned this trade starting from the weekly down.
Weekly shows a space of liquidity (70 pips) that can get filled in before hitting the next support.
Daily shows Evening Star pattern +
Descending Triangle Formation
Took this trade on a 30 min timeframe with 14 Ema resistance and 30 min structure
If this trade loses I will short again from the .618 which is my optimal entry. This entry is more aggressive.
Entry: 0.74211
S/L: 11.1 pips
T/P: Next Psych Level + -61.80 extension (70 pips)
Weekly shows a space of liquidity (70 pips) that can get filled in before hitting the next support.
Daily shows Evening Star pattern +
Descending Triangle Formation
Took this trade on a 30 min timeframe with 14 Ema resistance and 30 min structure
If this trade loses I will short again from the .618 which is my optimal entry. This entry is more aggressive.
Entry: 0.74211
S/L: 11.1 pips
T/P: Next Psych Level + -61.80 extension (70 pips)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.