AUDUSD Confluence Area

FX:AUDUSD   Australian Dollar / U.S. Dollar
5141 39 115
AUDUSD             Confluence Area
0.7653 is the 0.618 Level from 0.8163 to 0.6827
It is also the 200% Ext of the Recent Impulsive Wave

Watch cloesly at this level and there might be
interesting price action.
If you see a Doji , Shooting Star or any Beraish Candle
patterns, then it's time to Short AUDUSD             again
It's best if price make a doulbe top in 1h chart
Trade active: Sell Order 0.7653 Filled
Sell order 0.7656 Filled
RSI Divergence
Nice Drop, 40 pips already
Comment: Now is 0.7600
Comment: now is 0.7540, +110 pips
Comment: Now is 0.7487, +170 pips
To lean Jack's Full Trading System:
Weechat ID: 32114564
Hi Jack can you update your view on this pair ? is there same changing in short strategy ? thanks
no change. hold your short position
Sir, I am new in trading FX, have a question want to ask, assumed AUD is really rejected by 0.618 level now, how can I determine the target will reach? should I draw another fibo for this rebound and calculate 0.618 level for the target? thanks!
tntsunrise hongkongforex
yes. u can apply another fibo to determine your target
What's your update for this trade ?
tntsunrise mustafawahba
no update means keep your short position
Hi, Do you move your SL as the trade progresses in your favor? Thank you!
you can alwasy make a protective stop loss.
Hi Jack. Here is what I see:

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