forexjunkie33

2618 Trade on the AUD/USD 1hr Chart (Short)

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
2
We have recently had a double top confirmed, and have also broke below the V line of that double top, giving us the chance of a 2618 trade, we need price action the reach the 0.618 fib retracement looking to sell at this level.

S/L is at 0.7525
Target 1 is at 0.7425
Target 2 is at 0.7367 (1.618 fib extension)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.