AUDUSD: two options for the development of events
In early February, the price bounced off the support zone of 0.760 and rose to the 0.797 line. After that, a fall began and during it a trend continuation pattern was formed - a falling wedge. Last week, the price left patern, breaking through its border at 0.762. After that, one could expect an uptrend growth by volume. The price has already reached the resistance zone of 0.780. Now it's worth waiting for the price to break through this zone or not.
1) if yes - we are waiting for growth to the volume of the 0.794 pattern.
2) if not - a fall to support 0.767.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
1) if yes - we are waiting for growth to the volume of the 0.794 pattern.
2) if not - a fall to support 0.767.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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.