Interesting Short Opportunity on AUDUSD
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My Analysis on AUDUSD
(Fundamental Perspective)
Big Banks are gradually Closing their Short Position on AUD From March but in the last few weeks they are CLOSING LONG Postion in a big ammount, there's a Bearish Opportunity on AUD for Shortterm.
(Technical Analysis)
(Scenario 1)
- Wait for Price Action on 0.618 RED, if Bearish candle confirm you can open Short Around it
(Scenario 2)
- Wait for Price Action on 0.786, if Bearish candle confirm you can open Short Around it
- You can TP 1 and if Breaks down again wait for TP 2.
- risk only 2% of your Capital.
This is for your trading reference only, use at your own risk. More Analysis will come. If you have questions please write on comment below.
Wish you a Profit Trading, Thanks Gbu .
(Fundamental Perspective)
Big Banks are gradually Closing their Short Position on AUD From March but in the last few weeks they are CLOSING LONG Postion in a big ammount, there's a Bearish Opportunity on AUD for Shortterm.
(Technical Analysis)
(Scenario 1)
- Wait for Price Action on 0.618 RED, if Bearish candle confirm you can open Short Around it
(Scenario 2)
- Wait for Price Action on 0.786, if Bearish candle confirm you can open Short Around it
- You can TP 1 and if Breaks down again wait for TP 2.
- risk only 2% of your Capital.
This is for your trading reference only, use at your own risk. More Analysis will come. If you have questions please write on comment below.
Wish you a Profit Trading, Thanks Gbu .
Ordre annulé
NO TRADE, Price Action Not Valid
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