Marenno
Short

AUDUSD Short term intraday review of current possibilities

FX:AUDUSD   Australian Dollar/U.S. Dollar
On a 1H chart we have a bearish chart pattern (in case if the hour will be closed lower then previous hour's 50% range

Currently At weekly pivot
Price is currently at 38,2% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to 1H Chart

Due to all the mentioned above and a current price position (intraday - independant view) I will look for Bearish PA patterns to begin with at 0.7150
"P.S.: Current short term analysis can look opposite to what I have posted of a higher grade. 
It happens because I’m reacting to a current market conditions, as big changes are starting with small. 
Also entry level on a higher grade chart can be a target on a lower grade chart"
"Any questions are welcome!!! just write down in comments.

Your likes are much appreciated."
NidalDarawsheh
a year ago
thanks, I am looking for shorts as well around. 715 - .7165
AUDUSD short
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