considering a short at 0.97i think i will start shorting with small positions with the market open all the way up to 0.9750 (to average my short, of course if we get there!), SL would be above the 61.8 Fibbo retracement at 0.9950, and TP would be HELL LOL, actually 0.89 :nerd: please refer to the attached chart {image}
{quote} now i know this might seem imagenary or not possible, but honestly this is how i see AU! i did not want to post my full analysis in the earlier post as it would make some people freakout or probably call me insaneLOL anyhow, please have a look at my chart, you see the pair did complet ABCD pattern much earlier and has already retraced pass the 38.2 Fibbo retracement, i see the current move as a correction to be followed with a move towards the 50 Fibbo before retracing and contiuing all the way down to 0.81xx! {image}
pls check those 2 posts with the attached charts!
well for now a little further down to get the crowd to short and then a jump to 0.922x/4x and then continue the journey down to 0.81xx
