Short position on AUDUSD - Support and resistance strategy
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.
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.
Trade fermée: cible de profit atteinte
Target Achieved :)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.