Petr Suchanek

AUDUSD short candlestick pattern emerging

FX:AUDUSD   Australian Dollar / U.S. Dollar
512 4 3
On a daily basis, this kind of signal ( shooting star , or pin bar ) rejecting prior levels may cause an immediate fall to prior support.
Personally I am waiting for some kind of pullback, i.e. entry short at 61.8 Fibo of the last swing.

For more information about my trading style, watch my YouTube channel:
or watch my analyses on
Can you please let me know if this will currently go downside up to 0.9240 before going upside based on the previous bearish pattern ?
However breakout trade to the upside also possible
Throughout the Aug, AUDUSD behaved abnormal (my personal view as I trade this pair most) and the formation of this daily PIN bar is due to the resignation of Fed chairman and then USD trying to fill the gap. However we should watch a day more here.
Kinda think so too
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