tntsunrise
Short

AUDUSD rejection at 113% level

FX:AUDUSD   Australian Dollar / U.S. Dollar
957 13 40
AUDUSD             rejection at 113% level

I decide to enter a short position at 0.7706
as this is the 113% extension level which often
detects a fake break out.

the RSI already shows Divergence
the price action shows nice rejection at his level
a long tail candle touchs and falls quickly
SL is very tiny: 0.7716
Target is very big 0.7477 and 0.7150
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HI JACK Perhaps A/J better than A/U considering NFP , weak NFP result or slightly pos one = yen strength . EUR showing bull against CAD traders been patient awaiting this.
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HI JACK Any chance of trading view adding a currency strength indi or perhaps has already, looks like the ELLIOT master agrees with direction A/U A/J correlation.
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0.7636 im open set stop loss 0.7716 hope it will short to target no.1 0.7477 ...any thx for the information tntsunrise
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WELCOME
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Nice....
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SL ?
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tntsunrise TOP Awaisquyyom
7716
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Awaisquyyom tntsunrise
Thank you
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good as i see it there as already been an breakout followed by a reentering below the last high and now there is again an breakout. what you think of that?
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thanks for green pips
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