After FOMC ok news, and AUS employment mixed bag news.
AUDSUD took an initial dip on the FOMC even, then retraced to the .618 fib.
I shorted then, hoping that the upcoming AUS news would not be very strong (neither bull nor bear).
The zones shown are from my Fibonacci based Support Resistance Analysis:
AUDSUD took an initial dip on the FOMC even, then retraced to the .618 fib.
I shorted then, hoping that the upcoming AUS news would not be very strong (neither bull nor bear).
The zones shown are from my Fibonacci based Support Resistance Analysis:
Comment:
I did not have time to prep the main chart a little better, but here is what I am looking for:
Comment:
Both targets hit and then some!
Closed entire position now, planning for bounce to short again.
Closed entire position now, planning for bounce to short again.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
