AUDUSD likely to take a SHORT position since resistance around 0.649 can hold!!!
In my MT5 I do DTF time frame analysis by using DTosc the momentum likely to be a bearish reversal.
And when I look at m15 time frame the price was likely in triangle correction pattern which near;y to be end soon!!!
So I think Short position could be a potential to be took on this pair.
The maximum target will be on green zone, but you have to look closely at 0.63-.635 level!!!
*This is not trade signal, it's just my point of view*
In my MT5 I do DTF time frame analysis by using DTosc the momentum likely to be a bearish reversal.
And when I look at m15 time frame the price was likely in triangle correction pattern which near;y to be end soon!!!
So I think Short position could be a potential to be took on this pair.
The maximum target will be on green zone, but you have to look closely at 0.63-.635 level!!!
*This is not trade signal, it's just my point of view*
Note
I was open short position at 0.65158 and move sl to 0.648 to cover my profits. Now late night in Thailand so I will update tomorrow. Lucky allNote
My TP still open
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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.