AUDUSD sell setup for next 6 weeks
.236 retracement of weekly down AB Boundary
Bearish Shooting Star/ Pin Bar followed by Bearish Engulfing Candle
Target 1.618 Fib Extension
Stop15 pip above Previous High
BUT I WILL GO TO 1H AND 2H TIMEFRAME FOR SMALLER TRADE USING FIB, COUNTER TREND LINE BREAK, SUPPORT AND RESISTANCE AND PRICE ACTION
AUDCAD weekly short
This is general direction!!
I will go to the lower time frame to place my short trade using following method:
Fib
counter trend line break
support and resistance
candle stick formation
StochRSI
and market sentiment (???)
FX:EURCAD Symmetrical Triangle
Price @ Back side of Up Trend Line and below down trend line
.236 Retracement of the last down AB Swing
Waiting for Bearish Candle Stick Formtion
Price testing the down trend line (Pink)
Target 1.272 Fib Extension
Buy FX:EURUSD
@ Support (Pink Line)
.236 Fib Retracement of UP AB Swing
Possible Right Tip of the Kings Crown
Waiting for the Bullish Candle Stick Formation closed above the Counter Trend Line Break
Sell FX:EURUSD
Price reaced 1.618 ext of up ABCD Swing / .236 Retracement of Down AB Swing
Bearish Engulfing CS formation
Resistance (pink line)
StochRSI over sold
