Neutral : wait for confirmation of candle.

Australian Dollar/U.S. DollarFXCM

Description

⋅ Apr 7, 2020 11:43 PM

If its break this multiple top, then we can go long.
Till then we will wait for confirmation of candle. or else retracement may happen.

IF it breaks the multiple top then it will touch 0.618 Fib.ext level .
We will set first Take profit to 0.5 level and 2nd 0.618 level.

Trend Analysis Chart Patterns

Comments

FXCM

⋅ Apr 8, 2020 8:32 AM

excellent ! do you often use 50% fib extension? is that tested? check mine.