AUDUSD Analysis 06/03/2021

2021년 3월 6일

as you can see the price was centrally range bounding in an ascending parallels channel where it has shown Bearish Divergence with MACD and there exist a cross below of MACD and Signal line (in yellow Circle) on MACD Indicator, which is the sign of trend reversal, and price retracement or correction.
by using Fibonacci Retracement tool ,we can see currently the price is at 38% level and if this immediate support stands, then we can target 2TP directly, and if not, and price falls to Fibonacci Golden Zone and it stands then 1 TP is very feasible.
if fib 61.8% did not stand, then we can short it and target the low of the wave easily...
what do you think about it?

2021년 4월 5일

액티브 트레이드

price has touched the golden zone and now we are on the targets

2022년 1월 7일

주문취소됨

this Instrument shall Reanalyzed and Published soon