Hi traders,
On the AUDUSD 30 minute timeframe I'm looking to enter short at 0.76159. Let me explain to you why:
Entry: 0.76159
Stop: 0.76414
Target: 0.75544 = R:RR 2.41
Good luck traders!
On the AUDUSD 30 minute timeframe I'm looking to enter short at 0.76159. Let me explain to you why:
- We are in a bearish trend
- 50% Fibonacci retracement of the move from 1 (top left of the chart!) to 2 (next to A!)
- Bearish bat pattern completion
Entry: 0.76159
Stop: 0.76414
Target: 0.75544 = R:RR 2.41
Good luck traders!
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