fximperija
Short

AUDUSD: 3rd rejection @93

FX:AUDUSD   Australian Dollar/U.S. Dollar
87 3 3
This triple top @93 and the completed bearish shark pattern suggests a short move.
We have now hit 0.9339..... 61.8% retracement has been achieved...A bearish BAT is complete at this exact point.

An experimental pattern - The JAWS- ( my own--- testing currently!! ) has engaed here too....The target for the JAWS is 0.8610....(highly unlikely because not all the issues with this pattern are solved yet--so not a trade recommendation yet...although I will keep a small SELL order to see if target will be hit at 0.8610!! ) :-)

We have (-) Divergence currently in H4 too.....

As always, price doesnt have to do anything we wish.....only time will tell!!
Reply
We are too close to 0.9339 ( 61.*% Retracement on Daily ) now to not hit it....I have a SELL Limit order there!! In my humble opinion!! Great chart......
Reply
Yes we are, but rejected 3 times @ 93, with RSI div. Don't see Aussi strong enough to reach 934. If this happens aussi will likely cont. bullish further.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out