Potential for a short position

Weekly Chart:
Bearish Engulfing Patter
Daily Chart:
Closed lower than Open Price of Last week.
Potential for a short position

Trade ist aktiv

Kommentar:

Be patient! The bull fought back pretty well at this level.

Kommentar:

I moved in our favor.

Kommentar:

Weekly Chart: Price has been rejected at key resistance 0.74493 => It is still bearish.
But this week we need to be careful because AUDUSD approaching the uptrend line.

Kommentar:

Corrected typo mistake: Key resistance @ 0.77493

Kommentar:

Sorry I put the chart AUDUSD in AUDJPY article.

Kommentar:

Weekly Chart:
Price has been rejected at key resistance 81.798 => It is still bearish.