50 pips risk target @ 0.75000 RR = 1:3.65
downside momentum price under EMA = sell retest @ 1.14700 RR = 1:3.22
price brake out flag range swing down the momentum expect to see new lower low RR 1:3.2
• price below 50 & 200 EMA = sell bias • breakout trend line • double top around 50% fibo. • looking for new lower low • target at 135.000 (round number)
breakout down trend line and stand as support looking for a short target at fibo 161.8 **concern about wide stoploss (60 pips)
I have a bias to SELL side triple top at 86.860 ( pink zone ) price is under 50 & 200 EMA. and break down the trend line
short bias on Aud/Usd 1st target : 0.75000 2nd target : 0.74000