No indicators, just price action support and resistance

FX:AUDUSD   Australian Dollar / U.S. Dollar
Trading price action support and resistance . Is this the beginning of AUDUSD's move to par and or below?

let's see how this plays out.


This trade set up did not get filled but the idea played out, missed the entry by just a few pips. From experience, meaning I have lost a lot to learn to this, If the move is coming from a retrace then their does not have to be another retrace, at least not right away.

I clicked closed profit because there is no option for order not filled and it it was not a losing trade just a missed trade ... there will be more.

If price gets to target area before order filled then the above is no longer valid and needs to be re-evaluated. ... missed this one.

did not take the break back down under the .618 as it would have made my stop bigger for this particular quick trade... should have though as it is over 20 pips smoothly down