Short

E-Micro AUD Short on the Daily Chart

59
We just had the first retracement back to the 50 SMA and a nice downward movement to a demand zone with a 76.40% Fib Ext. If the pull back takes place now then look to short at the Supply Zone around the 50% Fib Retracement level which is also a 38.20% Fib Ext cluster. But if price keeps dropping we could hit S2 floor trader pivot which would also be a measured move or hit the second Demand Zone show below that has a S3 FTP as well as a 138.20% Fib Ext. Look for the pull back off one of these three points and take the trade short useing your chosen method of entry, stop and target.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.