AUDUSD - SELL IDEA
In the AUD/USD 15-minute chart, we observe a promising short setup. The price has just completed wave (3) and is showing signs of a potential correction. This retracement might take the price down to key Fibonacci levels.
Specifically, we could see the price pull back to the 0.382 Fibonacci level around 0.67192, with deeper retracements possibly reaching the 0.5 level at 0.67152 or even the 0.618 level at 0.67113. These levels provide potential targets for a short trade as the market corrects its recent upward movement.
Watching for bearish momentum near these levels could offer a solid entry for a short position, aiming to capitalize on this anticipated correction before the market potentially resumes its downtrend.
Specifically, we could see the price pull back to the 0.382 Fibonacci level around 0.67192, with deeper retracements possibly reaching the 0.5 level at 0.67152 or even the 0.618 level at 0.67113. These levels provide potential targets for a short trade as the market corrects its recent upward movement.
Watching for bearish momentum near these levels could offer a solid entry for a short position, aiming to capitalize on this anticipated correction before the market potentially resumes its downtrend.
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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.