Ken

04 AUDUSD DAILY CHART

Short
Ken Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
DAILY: AUDUSD has touched 0.618 retracement level and dropped back two times. Now it is the third time of the same zone. However, there is a Bat Pattern at previous high too. Check the price action before enter sell.
Comment:

4-HOUR: There are 2 zones to go short. First zone is 0.618 retracement and second zone is Bat pattern. If you see reversal price action in these 2 zones, you can sell with the best stop loss above previous high.
Comment:
4-HOUR: Complete ABCD near point D of bat pattern. Now look for reversal.

Learn and invest with Master Ken
🏆 CEO & Founder of GCI
📞 070805555
💹 Professional Forex Trader
💸 Funds Manager
📚Forex Mentor
🔔Signal Provider
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.