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joeyvalentino

.74 Potential Divergent Bearish Reversal

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Dólar Australiano/Dólar Americano (FX:AUDUSD)  
joeyvalentino  
FX:AUDUSD   Dólar Australiano/Dólar Americano
Trend Analysis Support and Resistance Fibonacci
3
0
trendanalysis supportandresistance fibonacci
Price respects .74 Psych Level as Bullish momentum seems to be fizzling out signaled by a Lower High that pulled back below the 50 EMA in confluence with a 61.8 retracement as price rejected. RSI show price pulling below the stationary 50 and the pullback to the s50 is also a good way to find a solid entry. looking to take price to fib extensions that are in confluence with key market support levels. super good risk to reward, use proper risk management
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