AUDUSD: The 0.618RET and 1.618REXT
Mis à jour
The 0.618RET of previous drop from 0.775 to 0.732 is at 0.758 level and the 1.618REXT of sub-drop from 0.751 to 0.737 is at 0.760 level.
Meanwhile 0.758-0.760 is also a fresh Supply Zone where also a good resistance.
So it is good to sell at 0.758-0.760 levels when price action gives signals in the PRZ.
SL: above 0.762
TP1: 0.746
TP2: 0.737 and further more
Meanwhile 0.758-0.760 is also a fresh Supply Zone where also a good resistance.
So it is good to sell at 0.758-0.760 levels when price action gives signals in the PRZ.
SL: above 0.762
TP1: 0.746
TP2: 0.737 and further more
Ordre annulé
The price soared and broke out the PRZ.
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