AUDUSD ASCENDING BEAR TRIANGLE (WEEKLY)
AUDUSD formed a rather large triangle,
the breakout is imminent as spikes and price action are confirming the reversal.
The big picture showing that this is just waiting to explode to the downside with key levels put in place.
3:1 risk reward with firm not trailing stops. MA's also confirming this downtrend on smaller time frames 1/4/8 and daily all showing a cross in ma's.
the breakout is imminent as spikes and price action are confirming the reversal.
The big picture showing that this is just waiting to explode to the downside with key levels put in place.
3:1 risk reward with firm not trailing stops. MA's also confirming this downtrend on smaller time frames 1/4/8 and daily all showing a cross in ma's.
Note
Trade closed on Friday 30th. 5.8% gained on this 8 week held trade.
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.
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.