Supply zone with Fibonacci confluence

FX:AUDUSD   Australian Dollar / U.S. Dollar
91 0 7
Hi Traders,

Nice area to watch for a short opportunity. The market is coming back to a Daily supply area with RSI almost extended forming a nice curve.
Before reaching this area the price has to broke the resistance forming at the H4 supply zone before reaching the Daily supply area. Note also the confluence with the 78.6 Fibonacci ratio.

Happy trading
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out