Tradingkitchen
AUDUSD possible scenarioNext 3 moves for #AUDUSD:
The price is now deciding which channel to follow ;-).
Anyway, we've to wait for a clear Elliot pattern to be confirmed.
Whatever will be, point 1 is satisfied, so we can set the 61% Fib up.
And it's around 0.67 area which is confirmed by a strong Impulse started on 9th March.
Entry 0.6700
SL 0.68
TP 0.62
GBPJPY short signalShort signal still valid for #GBPJPY.
The trendline was broken and "the brave" could have opened a short from there.
We prefer to miss a good opportunity to make a better trade with lower risk.
The better trade could be from 137.00 Area, which is a good Fibo confirmation level.
SL 140.370
TP 129.280
SPX500: probably short for a long time#SPX500 is on a crucial point.
3120 is a key level. If broked we suppose for it to go touching the 0.5 Fibo Fann level.
Same thing for #Dax
Is SPX500 short now?If the price will break 3215 we will change on a short view.
If that, 3157 will be a good level (Gann Angle) to test the short again.
On our view, something is changing, but it's better to wait for a confirmation to definitely "think short"