AUDUSD Short the broken trend line with pullback to 61.8%
Guys,
1st i wish you all a happy beginning of a new week.
Also wish you all a happy trading.
Now let's talk about business:
As you see, AUDUSD broke a daily trend line and is pulling back.
This pullback will lead the price to hit 61.8% fib, also it will create AB=CD, and it will retest the structure which is a great resistance.
We have many reasons to short this pair.
So be prepared to short it at 0.76614.
SL above the previous high.
Hope this one works well to all.
Regards
Nshan
1st i wish you all a happy beginning of a new week.
Also wish you all a happy trading.
Now let's talk about business:
As you see, AUDUSD broke a daily trend line and is pulling back.
This pullback will lead the price to hit 61.8% fib, also it will create AB=CD, and it will retest the structure which is a great resistance.
We have many reasons to short this pair.
So be prepared to short it at 0.76614.
SL above the previous high.
Hope this one works well to all.
Regards
Nshan
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