Ahmxd94

AUDUSD SHORT SETUP

Short
Ahmxd94 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
- Three times higher prices have been rejected
- red pin bar candle has formed at the .618 fib and closed lower than green candles on hourly chart also.
- Rsi is bearish
- TP set at major support level
Comment:
on the 5 min chart around European open a cypher pattern was successfully formed and gave further confirmation of bearish momentum at the 618 fib zone shown above.
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.