Daily chart is clear (I hope so) AUDUSD has proven to respect levels Price retraced to and got rejected @ 0.618 fib level which sits on strong support line now will look for sell signal to 1.271 level 0.7180 - 0.72 zone SL above 0.618 fib
good lcuk
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eng.anas.hojuj
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so do you believe that it finished the retracment?
KathysTheStockGal
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@eng.anas.hojuj,
most likely base on trend power, the strength of the resistance fib level O/B, and losing 50% of Friday candle
yes Most likely i will have a better chance to look for sell signals and my tp to be hit
eng.anas.hojuj
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@apple22, thanks i have 2 shorts from the 0.745 level and waiting the opening for asia session
KathysTheStockGal
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@eng.anas.hojuj, thats a good entry. Good luck enjoy the pips