Short position on AUDUSD - Support and resistance strategy

アップデート済
in the Weekly and monthly time frame we have a bearish trend.

The price has failed to reach the 50% retracement level, it has retraced twice to the 38.5% level.

The fractal indicator shows a bearish signal.

The EMA 50 cross shows a bullish signal.

Candlestick analysis: Bearish Harami

Bollinger bands show a bearish signal at the red circle on the chart.

There is an entry possibility however it is not the most ideal in terms of risk/reward ratio.
トレード終了: 利益確定目標に到達
Target Achieved :)
Technical Indicators

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