Short
Aussie H1 | Bearish Momentum To Extend
Based on the H1 chart analysis, we could see the price rise to the sell entry, whichis a pullback resitance that aligns with the 61.8% Fibonacci retracement and could drop from this level to the downside.
Sell entry is at 0.6502, which is a pullback resistance.
Stop loss is at 0.6532, which is a pullback resistance that is slightly below the 50% Fibonacci retracemnt.
Take profit is at 0.6446, which is a pullback support that aligns with the 78.6% Fibonacci projection.
SStratos Markets Limited (tradu.com/uk ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Sell entry is at 0.6502, which is a pullback resistance.
Stop loss is at 0.6532, which is a pullback resistance that is slightly below the 50% Fibonacci retracemnt.
Take profit is at 0.6446, which is a pullback support that aligns with the 78.6% Fibonacci projection.
SStratos Markets Limited (tradu.com/uk ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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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.