aud/usd short position
bos of trendline
ema cross confirms bearish momentum
previous support now resistance as seen with blue boxes
if sl hit then expect retrance to 61.8% then drop to -27% tp and -61.8%.
bos of trendline
ema cross confirms bearish momentum
previous support now resistance as seen with blue boxes
if sl hit then expect retrance to 61.8% then drop to -27% tp and -61.8%.
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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.