Inizia
Dollaro australiano / Dollaro
Short

AUD/USD Short Setup forming on 12hr

Di psyd3fx
Analysis
istantanea
  • Price is currently trending up after a nice bounce off of support at ~0.73431 levels
  • Price currently finds itself in a previous support/resistance area ~0.74847 levels
  • Recent data shows six previous times where price found support/resistance in this area


istantanea

Trade Triggers
  • More indication that price is finding resistance at this level
  • Indecision candle on the daily close also the 12hr close
  • Stop-loss will be just above daily high wick
  • Primary target will be before previous recent support levels ~0.74048 with a minimum risk/reward ratio: 2.06
  • Secondary target will before the support area ~0.7343431 levels
AUDUSDreversalshortsetupSupport and Resistancewaitingforconfirm
psyd3fx

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