AUDUSD is about to end up a down cycle which we previously mentioned in prior analysis, I'm expecting to see a reversal after all that straightforward downtrend, , BUT, in case the market didn't stop at the current support level, we will still see A SLOW DOWN in the downtrend, and I'll looking forward to catch the best opportunity to follow the downtrend again.
Follow this idea since I'll update it regularly,
Good luck,
Follow this idea since I'll update it regularly,
Good luck,
Note
Short-term cycles also ended upNote
Trail your stop lossNote
Note
Note
Once the previous top penetrated, you can safely trail your stop loss below the support level
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.