tntsunrise
Short

AUDUSD rejection at 113% level

FX:AUDUSD   Australian Dollar/U.S. Dollar
954 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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kallentto
a year ago
Thank you for the chart, I hope we win this :)
Reply
sha2labaz
a year ago
GO GO GO
Reply
pedroscott
a year ago
Good call again Jack "tnt sunrise"....
Reply
MM247
a year ago
thanks for green pips
Reply
ernstschwarz
a year ago
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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Awaisquyyom
a year ago
SL ?
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tntsunrise TOP Awaisquyyom
a year ago
7716
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Awaisquyyom tntsunrise
a year ago
Thank you
Reply
ashif030
a year ago
Nice....
Reply
leong801
a year ago
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
Reply
tntsunrise TOP leong801
a year ago
WELCOME
Reply
crosswind
a year ago
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.
Reply
crosswind
a year ago
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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