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tionna03
Aug 3, 2020 9:36 PM

AUSSIE correction week 8.3 Short

AUD/USDOANDA

Description

daily breakout move, retracement, continuation likely? correction was small move w/wick retracement to HH broken or hasnt happened yet
-daily support added 0.7140 either pa will pull back to daily support or resistance zone broken out of (prior HH)
-daily fibs not quite filled but super close

4h:
-2 HLs made and can use 0.7175 as a resistance point
-4h SUP & daily support level in confluence with each other, may be able to say pa is in a small consolidation along resistance 0.7175 and support 0.7130/.07140

1H/15m:
-pa has tested level of support numerous times which makes it a key area
-with the past several attempts pa made a smaller 'w' along the support, this will be the 3rd time testing the said area

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