Interesting Short Opportunity on AUDUSD
My Analysis on AUDUSD
(Fundamental Perspective)
Big Banks are gradually Closing their Short Position on AUD From March but in the last few weeks they are CLOSING LONG Postion in a big ammount, there's a Bearish Opportunity on AUD for Shortterm.
(Technical Analysis)
(Scenario 1)
- Wait for Price Action on 0.618 RED, if Bearish candle confirm you can open Short Around it
(Scenario 2)
- Wait for Price Action on 0.786, if Bearish candle confirm you can open Short Around it
- You can TP 1 and if Breaks down again wait for TP 2.
- risk only 2% of your Capital.
This is for your trading reference only, use at your own risk. More Analysis will come. If you have questions please write on comment below.
Wish you a Profit Trading, Thanks Gbu .
(Fundamental Perspective)
Big Banks are gradually Closing their Short Position on AUD From March but in the last few weeks they are CLOSING LONG Postion in a big ammount, there's a Bearish Opportunity on AUD for Shortterm.
(Technical Analysis)
(Scenario 1)
- Wait for Price Action on 0.618 RED, if Bearish candle confirm you can open Short Around it
(Scenario 2)
- Wait for Price Action on 0.786, if Bearish candle confirm you can open Short Around it
- You can TP 1 and if Breaks down again wait for TP 2.
- risk only 2% of your Capital.
This is for your trading reference only, use at your own risk. More Analysis will come. If you have questions please write on comment below.
Wish you a Profit Trading, Thanks Gbu .
Order cancelled:
NO TRADE, Price Action Not Valid