samuraichopsticks

AUDUSD Double tops/2.618 combo

FX:AUDUSD   Australian Dollar / U.S. Dollar
Got 2 short setups in here.
1st is at the bearish candle at the double tops
Requirements are that the left shoulder must be in overbought RSI followed by a weaker test of that structure resistance level. Note the 3 point bearish on the RSI .
2nd is the 2.618 trade. Target 1 has been hit at the 1.272 extension and hoping to see target 2 at the 1.886 extension before a continuation. Either way not an exiting trade setup to brag about there
is max ±20 pips to gain from this trade but I'm happy to start the day with that. Took some beatings yesterday.
Took this trade with 10 pips risk tight as we trade in no mans land
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out