AUDUSD SHORT ENTRY 8/31/2021
Price was lookin awfully seductive. just couldn't resist her. So beautiful.
Higher high on 4Hr confluence with Lower High from daily (top line). Lines as price descends are where there can be possible reversals in price. My real target is 1.72200, but I set target wider incase price just shits itself. Keep an eye as price encounters counter trendline, could fuck my whole week up just with one rejection candle from that mf. Red line is 50% fib from previous week, confirming we've still got bullish momentum bc price is still above it. watch out for what happens around 1.72500 area too.
My average entry is 1.73025, so if price gets stalled around that area w/ counter trendline, I'm gonna take the bags and run.
Good luck my friend.
Higher high on 4Hr confluence with Lower High from daily (top line). Lines as price descends are where there can be possible reversals in price. My real target is 1.72200, but I set target wider incase price just shits itself. Keep an eye as price encounters counter trendline, could fuck my whole week up just with one rejection candle from that mf. Red line is 50% fib from previous week, confirming we've still got bullish momentum bc price is still above it. watch out for what happens around 1.72500 area too.
My average entry is 1.73025, so if price gets stalled around that area w/ counter trendline, I'm gonna take the bags and run.
Good luck my friend.