Hello Traders!
Here at AUDUSD im looking to see a break of the 0.632 level for a possible short setup to the 61.8% Daily Retracement at 0.618 which aligns perfectly with our ICI pattern neckline.
Notice that we have still not reached our strong resistance zone at the 0.65 level, that was broken on the 11 of March and was never retested after a 900 pips drop.
That would be the optimal sell zone but we will wait and see next week.
Thanks :D
Here at AUDUSD im looking to see a break of the 0.632 level for a possible short setup to the 61.8% Daily Retracement at 0.618 which aligns perfectly with our ICI pattern neckline.
Notice that we have still not reached our strong resistance zone at the 0.65 level, that was broken on the 11 of March and was never retested after a 900 pips drop.
That would be the optimal sell zone but we will wait and see next week.
Thanks :D