I must of missed this one earlier but the 
AUDUSD is setting up a bearish 2618 opportunity. After rallying to previous structure resistance (seen on higher timeframes) price has now given us a double top with a break and close below.
A pullback into structure would present us with a 2618 shorting opportunity with the potential to trade price down to our previous structure highs which line up right with a 38.2 Fibonacci retracement level.
Akil Stokes
"So Tired...Oh I'm So Tired"
A pullback into structure would present us with a 2618 shorting opportunity with the potential to trade price down to our previous structure highs which line up right with a 38.2 Fibonacci retracement level.
Akil Stokes
"So Tired...Oh I'm So Tired"
Note
obviously, there won't be any 2618 opportunities after the monetary policy reactionCoaching, Courses & Community
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tieronetrading.com/
The Trading Coach Podcast
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Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.