AUDUSD is looking bearish at the top of range on 4H + On daily Chart we can see a perfect candle close inside the range indicating bearish momentum.
AUDUSD SELL @ 0.6930
STOPLOSS LEVEL @ 0.6995
TAKEPROFIT LEVEL @ 0.6745
The Beauty of patience in forex trading!
Price Went back to restest the 1H Range,
I was looking to buy
But no Always patience.
Even at Retests, Look for confluences to enter long or short.
- THINK TWICE BEFORE PULLING THE TRIGGER!
What price Did eventually went
down to the bottom of the range
and broke it towards downside.
Why it went...
Gold price is losing bullish
I am looking for price to come down
to retest high of previous structure
as a support at 1701
Its still too early. Waiting for price to
show some action in
European and us sessions today.
Gold price went down to 1662 this morning and went back again into the structure.
The trend is short-term bearish.
Price is currently retesting the Previous structure and making a Higher Low (HL)
Short opportunities on GOLD
SELL GOLD @ 1675
SL @ 1682
TP @ 1658
Price is developing a structure.
as we see double bottom and recent pinbar with fake support breakout.
I am looking for a breakout of bearish trend and waiting for the European session to playout.