Whats up traders !
Here is a good sell opportunity on the AUDUSD .
Lot of accumulation resistance :
- Weekly trenlines ( blue )
- Resistencece horizontal trendline ( red )
- Resistence zone
- Fib 23.6 based on 6 years
- Fib 161.8 & 127.2
- Stochastic to be overbought in D2 D1 H4 H1 & maybe more : I will update with my multi time frame stochastic indicator.
- Other resistance trendlines in D1 / H10 .
You can also watch in comments how nice these 3 weekly trendlines are looking good .
I sugget to wait for a reversal sign
Here is a good sell opportunity on the AUDUSD .
Lot of accumulation resistance :
- Weekly trenlines ( blue )
- Resistencece horizontal trendline ( red )
- Resistence zone
- Fib 23.6 based on 6 years
- Fib 161.8 & 127.2
- Stochastic to be overbought in D2 D1 H4 H1 & maybe more : I will update with my multi time frame stochastic indicator.
- Other resistance trendlines in D1 / H10 .
You can also watch in comments how nice these 3 weekly trendlines are looking good .
I sugget to wait for a reversal sign
Note
Note
Breakout of the trendlines , I expect a pull back .Close the trade in this area if you didn't wait for a reversal sign :
Note
Im out : Order cancelled
Out at breakeven
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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.
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.