FX:AUDUSD   Australian Dollar / U.S. Dollar
270 4 12
Daily chart is clear (I hope so)
AUDUSD             has proven to respect levels
Price retraced to and got rejected @ 0.618 fib level which sits on strong support line
now will look for sell signal to 1.271 level 0.7180 - 0.72 zone
SL above 0.618 fib

good lcuk
Comment:
so do you believe that it finished the retracment?
Reply
Apple22 eng.anas.hojuj
@eng.anas.hojuj,
most likely base on trend power, the strength of the resistance fib level O/B, and losing 50% of Friday candle
yes Most likely i will have a better chance to look for sell signals and my tp to be hit

Reply
@Apple22, thanks i have 2 shorts from the 0.745 level and waiting the opening for asia session
Reply
Apple22 eng.anas.hojuj
@eng.anas.hojuj, thats a good entry. Good luck enjoy the pips
Reply
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