Waiting for a bearish engulfing candle before I setup a short stop order for this pair--entry near BB with TP on current base fib level and SL near recent highs. Pair is currently ranging in 1h chart, but continue its downtrend soon in line with current resistance on higher time frame charts.
fxempire.com/forecasts/article/0-75-audusd-seems-much-buyers-377551
D:
W:
fxempire.com/forecasts/article/0-75-audusd-seems-much-buyers-377551
D:
W:
Order cancelled
Bearish engulfing candle I was waiting for didn't appear. To create a new setup after Fed decision later.
Related publications
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.
Related publications
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.