jackmyattFX
Short

AUDUSD Is this the end of the bulls? Bigger pictures says YES

FX:AUDUSD   Australian Dollar/U.S. Dollar
3 months ago
AUDUSD Short Setup trade
-MANY REASONS STARTING WITH MONTHLY TIMEFRAME 0.7740 MASSIVE RESISTANCE
-0.7740 REJECTED MANY MANY TIMES HEAVY SELLING AREA
-DAILY TRENDLINE BROKEN
-TARGETS ARE FIB LEVELS
-RISK REWARD GREAT
-NO MORE THAN 2% RISK
-BROKE AND CLOSED BELOW WEEKLY LEVEL OF SUPPORT NOW RESISTANCE 0.7560
-50 EMA BROKEN BEARISH ON ALL TIMEFRAMES
-POTENTIAL HERE FOR BREAK THEN RETEST OF THE WEEKLY RESISTANCE AND TRENDLINE FOR FURTHER DOWNSIDE MOVEMENT
-BIGGER PICTURE BEARISH
-WEEKLY HAMMER CANDLE
3 months ago
Comment: MONTHLY KEY AREA OF RESISTANCE SHOWN AS RED BOX


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3 months ago
Comment: WEEKLY HUGE HAMMER CANDLE BEARS LOOK TO BE TAKING CONTROL

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3 months ago
Comment: Notice the 50ema makes for great entries to add to shorts :)

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Prome PRO
3 months ago
Agree! Price has just been rejected from a monthly channel:

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+1 Reply
Yka7
3 months ago
Sir transaction is active? We go to the bottom?
+1 Reply
jackmyattFX PRO Yka7
3 months ago
@Yka7, Active yeah I'm looking for 300 pips
Reply
Yka7 jackmyattFX
3 months ago
@jackmyattFX, 73828 ?
Reply
newworker
2 months ago
nice and perfect analysis ! thank you .
Reply
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