AUDUSD - SELL IDEA
The AUD/USD 15-minute chart shows a potential short opportunity as the pair appears to be in a corrective wave sequence. After completing the wave (b), the price is expected to continue its downward movement towards the 1.618 Fibonacci extension of wave (c), which targets around 0.67351.
This setup suggests that the bearish momentum is likely to persist, offering a clear downside target. Traders looking to capitalize on this move might consider entering short positions with a target around the 1.618 extension level, taking advantage of the expected continuation in the bearish trend.
This setup suggests that the bearish momentum is likely to persist, offering a clear downside target. Traders looking to capitalize on this move might consider entering short positions with a target around the 1.618 extension level, taking advantage of the expected continuation in the bearish trend.
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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.