AUDUSD (Student exercise)
Monthly: Recent break of the bearish direction that has been present since February 2018.
Weekly: Bearish sentiment since December 2019. Resistance at psy level 0.70200, Support at psy level 0.67200.
Daily: Waiting for the price re-test once or even twice the level 0.68500 then a possible short entry until 0.67500, RR=9.
4H: Possible re-test of daily and execution on the 27th or 28th
Weekly: Bearish sentiment since December 2019. Resistance at psy level 0.70200, Support at psy level 0.67200.
Daily: Waiting for the price re-test once or even twice the level 0.68500 then a possible short entry until 0.67500, RR=9.
4H: Possible re-test of daily and execution on the 27th or 28th
Commento:
I am new in the market, any idea please comment, thank you.