AUDUSD Bullish
Bias Bullish
Fundamental Analysis
USD cut 50 basis point, going towards soft landing.
AUD has good job reports and expect to keep interest rate.
Price Action:
Price formed a higher hi, price is like to head higher. Price rejected from H4 support level and formed a triple bottom pattern at the H4 support level. Price break through the resistance of the pattern and closed higher. expecting price to go higher.
Confluence:
Higher TF (W/D/H4) - Support level rejection from H4
Lower TF (H1/M30/M15) - h1 broken resistance, triple bottom pattern. H1 doji candle at support level.
Set up:
Long setup at broken H1 resistance level. SL below swing low of that level. Targeting next swing high R:R 1:4
Fundamental Analysis
USD cut 50 basis point, going towards soft landing.
AUD has good job reports and expect to keep interest rate.
Price Action:
Price formed a higher hi, price is like to head higher. Price rejected from H4 support level and formed a triple bottom pattern at the H4 support level. Price break through the resistance of the pattern and closed higher. expecting price to go higher.
Confluence:
Higher TF (W/D/H4) - Support level rejection from H4
Lower TF (H1/M30/M15) - h1 broken resistance, triple bottom pattern. H1 doji candle at support level.
Set up:
Long setup at broken H1 resistance level. SL below swing low of that level. Targeting next swing high R:R 1:4
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.