649bruno

AUDUSD: Down Move Setup

Short
FX:AUDUSD   Dollar Australien/Dollar Américain
6
Negatives:
There are three tops in place with a down-ward bias.
The three indicators on top are in the early phases of rolling over to the down-side.
The Ichimoku Cloud is falling.
The Ichimoku Cloud has a red border.
Chop (under chart) is in the shaded area, which indicates lack of strong trend.
What to look for:
A buy Fractal is still in place at .76714 (in rectangle).
The Ichimoku Cloud red conversion is rising, which is a positive.
I would confirm the down move with a breach of this level, which is .76420.

Good luck to you in all your trades.

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.