savvyacademy

AUDUSD 4 Hourly Resistance - Short on Retracement

Short
savvyacademy Mis à jour   
FX:AUDUSD   Dollar Australien/Dollar Américain
With 3 rising Tops and with a recent bullish rally that is so steep, it is anticipated that a consolidation is in the making.
Should Price hold out recent top as resistance, it is likely to fall and gain support at the 1st Support as marked.
Trade fermée: ordre d’arrêt atteint:
Stopped out.
The better bet is still to follow the bullish pressure as seen on the chart
More and bigger bullish bars than bearish ones.
Trend following wins!

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.