tntsunrise
Short

AUDUSD RANGE BOUND ANALYSIS

FX:AUDUSD   Australian Dollar/U.S. Dollar
1493 21 44
Look for Buyer Failure at 0.7242 level
this is 0.618 and also the 300% range bound
RSI over bought
Buyer tried once already
Get Ready to short!
Comment: First Target 0.7160 hit, Enter at the 2nd pin
Trade closed: target reached: Trade closed with 1st target hit, the rest exit at break even
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how does this one match with your other call for AU - which is LONG? :)
AUDUSD DAILY TRIANGLE ENDING
+1 Reply
Guerrera mcpeacocks
Haha! Good point!
Tntsurise, we are waiting answer! :)
+1 Reply
:)
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see whether can tp the long position or not
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YuzukiChan mcpeacocks
The downward trendline hasn't been broken. So it's best to assume that the downtrend is still continuing. The buy-stop is placed wisely there. So I believe the two ideas don't contradict.
+1 Reply
tntsunrise TOP YuzukiChan
Thank you Yuzuki! Nice understanding!
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whisally YuzukiChan
The downward trendline hasn't been broken? Could you post a chart to show which downward trendline? thanks a lot!
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i see it like that
snapshot
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ColinYang aman...
this is the divergence between short term and long term
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snapshot

same view
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couldnt agree more!
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Please check and comment regarding to trading idea https://www.youtube.com/watch?v=hX1SLDhnU30
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tntsunrise TOP LaiptaiCervinskas
thanks! nice view!
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ChimbOt PRO tntsunrise
What is 2nd pin?
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pin bar
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By “Enter at the 2nd pin” you mean wait for price hitting 0.7160 again, if seller try twice but fail to beak 7160, then buyer can long at that level?
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i mean i saw 0.7423 been tested twice,formed a pin and enter short
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waqassab tntsunrise
sir 0.72423 or 0.7423 level?
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7243 sry typo
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I am thinking this pair will .7115 area with one more wave down, before the next move up my target being the .7300 area.
AUD USD Forcast
+1 Reply
tntsunrise TOP ForexTradeIdeas
agree. one more wave
+1 Reply
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