AUDUSD Short
Updated
Sitting at 61.8% FIB Retracement in the Daily timeframe.
Couple weeks ago price broke bullish trendline and is now going to continue its downtrend in my opinion.
This is an analysis for the daily chart. I will still look into the smaller trimeframes to know where more entrys can be made as price falls.
*i am not a pro so Dont take these trades Live*
entry around 0.74923
stop loss 0.75449
target #1 : 0.71604
target #2: 0.70553
Couple weeks ago price broke bullish trendline and is now going to continue its downtrend in my opinion.
This is an analysis for the daily chart. I will still look into the smaller trimeframes to know where more entrys can be made as price falls.
*i am not a pro so Dont take these trades Live*
entry around 0.74923
stop loss 0.75449
target #1 : 0.71604
target #2: 0.70553
Note
i changed my analysis. this set up is no longer valid. on to the next set up!
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