fx_shifter

AUDUSD SHORTING OPPORTUNITY

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Hello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/

We have a Weekly ICI to the downside where we have taken the fibbonacci from the high to the low of the impulse and we can see that structure is lining up with the 0.382 of the fibonacci retracement and we will take our entry at the 4H time frame, where we see more clearer where the structure is lining up with our 0.382. We placed our SL above the recent high and our take profit is at the -0.272 of the fibo taken on the impulse of the weekly.

~TRADE SIGNAL~

SELL
Entry: 0.72504
Take Profit: 0.69291
Stop Loss: 0.73195

**NOTE:

> ENTRY: For some of our entries please wait for the break and retest of the level before entering.

> BREAKEVEN: Wait for the market to create a new structure (SnR) before BE.

Good luck!

You have plenty of time to achieve your target. Take it slow, observe good risk management techniques.

~FX_SHIFTER

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.