AUDUSD - Being shorted IIIIIIIFFFFFFFFFFF we have price action.
Easy pick here:
- Aussie has a clear downtrend as shown in its PRICE ACTION (just look at the highs (blue circles) and the lows (red circles);
- Right now, we could be making a new LOWER HIGH;
- But, for the previous statement become true, we need to wait for price to show us some reaction on that zone. How ? Well, if we wanna go further up, we have a monday's high and a nice resistance to break.
Although it seems a clear downtrend, we won't call anything until we see structure. It might be dangerous if that zone gets broken... Also, note that we have formed a double bottom and this 4HR zone (purple one) is its neckline. So, eyes on that.
Let's go!
- Aussie has a clear downtrend as shown in its PRICE ACTION (just look at the highs (blue circles) and the lows (red circles);
- Right now, we could be making a new LOWER HIGH;
- But, for the previous statement become true, we need to wait for price to show us some reaction on that zone. How ? Well, if we wanna go further up, we have a monday's high and a nice resistance to break.
Although it seems a clear downtrend, we won't call anything until we see structure. It might be dangerous if that zone gets broken... Also, note that we have formed a double bottom and this 4HR zone (purple one) is its neckline. So, eyes on that.
Let's go!
Transaction en cours
Trade going, but being monitoredTrade fermée manuellement
TP 1 has been hit. Now, let's monitor it so we can see any signal of reversal. Partially closed some lots.
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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.