AUDUSD | Sell after confirmation!
Hi,
AUDUSD has started to reach to the high-probability short-term reversal area. The price increase has been pretty amazing so, a bearish candlestick pattern inside the marked area is definitely needed.
Criteria:
1. 2x AB=CD
2. Channel projections crossing area
3. 2018 low should act as a resistance
4. The round number 0.70000
5. Fibo Extension and retracement
6. Wait for a bearish candlestick pattern formation from 4H timeframe - Evening Star or bearish Engulfing needed!
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido
AUDUSD has started to reach to the high-probability short-term reversal area. The price increase has been pretty amazing so, a bearish candlestick pattern inside the marked area is definitely needed.
Criteria:
1. 2x AB=CD
2. Channel projections crossing area
3. 2018 low should act as a resistance
4. The round number 0.70000
5. Fibo Extension and retracement
6. Wait for a bearish candlestick pattern formation from 4H timeframe - Evening Star or bearish Engulfing needed!
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido
Trade active:
If the market doesn't open with a big gap then we have a confirmed signal - 4H Evening Star inside the high-probability reversal area.
Trade closed: target reached:
Evening Star worked perfectly:
