AUDUSD Short term entry setup based on 1H
On a 1H chart we have a bearish reversal sign
Price is currently at 61.8% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to 4H Chart
Due to current price position (intraday - independant view) I will look for Bearish PA patterns to begin with a limit order at 0.720
"This is a short term analysis based on a 1H chart, I’m trying to post it after I see something interesting, or when I want to review the situation, I’m doing it for my own trading, and I have decided to USE TV as my main analysis platform, as I’m able to access it anywhere. Any questions are welcome. Your Likes are much appreciated."
Price is currently at 61.8% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to 4H Chart
Due to current price position (intraday - independant view) I will look for Bearish PA patterns to begin with a limit order at 0.720
"This is a short term analysis based on a 1H chart, I’m trying to post it after I see something interesting, or when I want to review the situation, I’m doing it for my own trading, and I have decided to USE TV as my main analysis platform, as I’m able to access it anywhere. Any questions are welcome. Your Likes are much appreciated."