XAOUSD - tested averages now for DOWN
The Aussie Stock Market All Ords has seen price break down through the 20 and 50 MAV and has tested both as resistance.
So looking for the market to make a retracement .
Entry - now
Stop - above 50 MAV around 6800
Target - around .618 fib of 6000.
Risk Reward = 3
So looking for the market to make a retracement .
Entry - now
Stop - above 50 MAV around 6800
Target - around .618 fib of 6000.
Risk Reward = 3
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