FX:AUDUSD   Australian Dollar / U.S. Dollar
1945 7 45
AUSSIE SHORT
-3RD BOUNCE OFF TRENDLINE
-BUMPED ITS HEAD ON MAJOR WEEKLY
KEY LEVEL 0.7260
-MAKING LOWER HIGHS AND LOWER LOWS
-FIB 0.618 HELD
-A,B,C AND D
-MA CROSSING OVER 4H TO THE DOWNSIDE
-TARGET 1: 0.71120
Trade active: Staying patient with this one...Slowly but surely getting there :)
Trade active: First target hit and slight retrace expected and then down to chinatown


Also have a look at the weekly chart....daily break and close below this trendline means SHORT SHORT SHORT :)
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This could be a good place to add to shorts..... Major key level of support broken and now resistance....Big down move possibly......
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is target 2 still possible?
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jackmyattFX hannabanana
Its going to retrace first...so took majority of profit at target 1...I would wait for better entry for another short.....but it could still fall to that yes
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Just saw this. I agree
+1 Reply
nice trade
+1 Reply
Excellent!
+1 Reply
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