AUD/USD short position
0.382 retracements lining up on multiple timeframes. Elliot waves 1 and 2 bouncing off of Fib levels show that my Fib levels are drawn from good positions. Swing high of most recent move on hourly chart lines up with 0.682 retracement of most recent impulse leg on daily chart. Bearish divergence on RSI. Look for short position down to the shown 0.382 retracement level. Stops above the 0.682.
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.