FX:AUDUSD   Australian Dollar/U.S. Dollar
82 2 4
Round numbers as support, impulsive move down initiates the new continuation of the old trend.
Risky stop loss is about 0.7515 ,
Pending order, sell limit a little below 0.75,
Target is a long-term 0.65~a little above.
Using fib, elliott , classic triangle, S&Resistance lvls;
Trade closed: stop reached: Sadly, not sharp enough entry. The overall direction still stands though
snapshot
there is a small triangle forming on 1min. If that breaks to the upside, it will reach my sell limit order.
However, if it pops down, and reaches 0.7375 I might enter short as is.
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snapshot
Hourly view
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