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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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
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?
Reply
i mean i saw 0.7423 been tested twice,formed a pin and enter short
Reply
waqassab tntsunrise
sir 0.72423 or 0.7423 level?
Reply
7243 sry typo
Reply
Please check and comment regarding to trading idea https://www.youtube.com/watch?v=hX1SLDhnU30
Reply
tntsunrise TOP LaiptaiCervinskas
thanks! nice view!
Reply
ChimbOt PRO tntsunrise
What is 2nd pin?
Reply
pin bar
Reply
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