POSSIBLE DOWNSIDE . PRICE REJECTED 3TIMES ON 4H . EXPECTING MORE DOWNSIDE AND BOUNCE OFF PREVIOUS TRENDLINE @ 122.00
GOT IN A LITTLE LATE WITH A SMALL POSITION BUT STILL BELIEVE IN A DOWNTREND THAT WILL RETEST DAILY SUPPORT & LOOKING FOR A POSSIBLE BREAK. HOPING FOR A 0.382 RETRACEMENT OR 0.618. IF NOT MARKET WILL HIT MY 30 PIP SL AND I WILL CONTINUE TO WATCH MARKET FOR BULLISH OPPORTUNITY TO MONTHLY RESIS.@0.7450.
PLACED SELL LIMIT ORDER @0.75337 PREDICTING TRENDLINE RETEST AND FELL DUE TO THE WEAKNESS IN AUD AFTER RBA INTEREST RATES REMAINING THE SAME WHICH LED TO BEARS TAKING OVER. LOOKING TO TAKE PROFIT @WEEKLY SUPPORT .
holding a short @0.7540 and shorting again @0.7501 tp@0.734 range for daily support . If wrong ill break even SL@0.752 but if right then nice gain on the Short. Usd has been strong so looking to short everything against usd which makes me think the Bears will break Support and become Resistance . Trading support & resistance would make u want to Go long but i dont...
been shorting since 122 levels short again @117.833 predicting breakout on 4h . SL@118.195 tp@116.146
i believe this is another nice Short against the Dollar .Predicting that it will break Support so i will have a Sell Limit order @1.23740 sl@1.23918 tp@ low 1.22 levels
hit my original target @115.9 & now shorting again to Daily Support @113.7