_VincentP_
Short

First lower high and lower low, start of something for aud?

FX:AUDUSD   Australian Dollar / U.S. Dollar
Looking to short AUD at around these levels.
Multiple signals that new lows can be made if we clearly break below 0.75 in the coming day(s). Might first see a small consolidation and retest of broken trendline at about 0.7525.
  • Lower high, lower low
  • Previous 4H candle clearly broke the trendline
  • RSI and stock pointing lower on 4H
  • RSI and Stoch bearish divergence on 1D
  • Lots of big bearish candles
  • Kinda H&S?

Of course this doesn't really matter the moment price decides to go higher any way (fundamentals?) and take on 0.76 again.

But we'll be out long before that at 0.7560.

Let's seen this last day and a bit of the week and probably next week.
Comment: Fake out. If someone did this, sorry, didn't expect that weird spike.
This is why I waited till I was awake for a possible. I never trade this pair while sleeping cause it's most volatile during my night time.
Comment: Very nice short candle stick pattern with spinning top and nice bearish candle to seal the deal. Still short biased.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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