Eddie3026

AUD/USD Potential downside trade option

Short
FX:AUDUSD   Dollar Australien/Dollar Américain
Daily: Has made LH and LL's, broken Daily structure.
Below both 50 and 100 ema.

4H: Price is continuing to make LH's and LL's, breaking 4H structure to the downside.

1H: Price is Bearish having broken structure, is below the 50 & 100 EMA, currently pulling back,

Assessment: wait for price to pull back to a retracement level, ideally 50% as a minimum, which also corresponds to a supply level.

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.