racyrace

racyrace

With a strong resistance at level 4, coupled with the HL and LW as from 1-4, the bears are ready to push the market downward. What are you thoughts?

racyrace

Break and retest. Wait for market to retrace to entry and take sell orders and shown on Chart. Good luck.

racyrace

I think I don’t have to explain much as the chart is in most part self-explanatory. I see a huge move to the downside. I’m waiting for the price to be retraced to 1.94055 level (black arrow). Please share your thoughts.

racyrace

I see that this pair has completely stretched and it’s ready to reverse bearish. My analysis is usually very simple.

racyrace

I see AUDUSD continue bearish. Market is resisting the point at 2 which I assume is a retracement from the main bearish move.