FX:AUDUSD   Australian Dollar / U.S. Dollar
472 5 13
SEE PRICE ACTION FORMATION ALONG RESISTANCE LINE BEFORE SHORTING.

D1 50 SMA AND 20 SMA RESISTANCE JUST RIGHT ALONG THE DOUBLE TOP REGION.
THIS TRADE HAS A STRICT TP AT 0.7610 UNLESS OTHERWISE UPDATED,
AS D1 HAS A BULLISH IMPULSE THAT HAS YET TO BE INVALIDATED.

D1 WITH 50SMA 20SMA CONFLUENCE, FORMING THE TRIPLE PINS SHOWING REJECTION FROM THE SMAs.
great!
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Good eye PAT. So far so good. (y)
+1 Reply
Thanks. But im not in. Did not hit my entry sadly.
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Very potential. And it will fit ur idea A/N will fall down.
+1 Reply
Nice correlation analysis Andyle. A/N quite risky i decided to leave it. But this AU has potential i think. But i need to see another big rejection bar H4. All the best.
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