At Key level of Resistance Evening Star Formation
Retest of key resistance turned support area 0.8600 Double Bottom Bearish Channel
1. Right Shoulder Inverse H&S at 61.8 fib level 2. Retest of key area of resistance turned into support at 1.12574
61.8 Fib Bearish Channel Potential H&S 125.5 Key area of resistance (Possible Triple Top)
Why Enter? Bullish Channel HH and HL's forming 61.8 Fib Spinning Top on Key Support Area - 0.99550/0.99650 TP 1.0 - as key level of resistance RR: 2:1 Potential for further upside if breaks 1.0
AUDUSD SHORT AT KEY RESISTANCE LEVEL + FUNDAMENTALS
Bearish Trendline point Hammer and bearish engulfing
UJ SHORT SHORTS at 111 level Near 61.8 Fib Level Broken prev Bullish Structure Hence LH Forming
Possible H&S Forming I would only enter if there was a retest of the neckline. TP1 would be near 0.705 TP2 would be near 0.700
Multiple rejections (triple + Tops) on key resistance 1.6 Spinning Top and Bearish Engulfing
Why? Number of exhaustion wicks rejecting 0.92 psychological key resistance level Entered on bullish engulfing
Why Enter? - Broken Key level of support (1.65) - 3 plus touches on this support! - Bearish Trend
Reason for entry: - H&S neckline broke at 0.70157 - 1H Retest (Hanging man followed by bearish confirmation - Bearish Continuation