AUDUSD into distribution too
AUDUSD following distribution requirements as well ; plus supply is increasing -> so i expect to complete the test of the utda with a movement on high bearish volume to the downside , we gonna see
As we did for gold ; we gonna wait for a break 0. 69700 on a SOW and the retest of it as a lps to take a sell
I Suggest you dont do that if your knowledge of the market is not advanced or you dont know when it tells you to get the f* out BUT ; i am gonna personally look around 0.69900 to take a sell entry or around the price of 0.698 if it doesn't break upside it and keep showing strong supply presence
As we did for gold ; we gonna wait for a break 0. 69700 on a SOW and the retest of it as a lps to take a sell
I Suggest you dont do that if your knowledge of the market is not advanced or you dont know when it tells you to get the f* out BUT ; i am gonna personally look around 0.69900 to take a sell entry or around the price of 0.698 if it doesn't break upside it and keep showing strong supply presence
Note
expect some wickfishing around 0.70000
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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.