This chart shows a bearish pattern setup on the AUD/USD 30-minute timeframe. Here’s a breakdown of what the chart indicates:
Pattern Type: It looks like a bearish double or triple top pattern with clear swing highs (marked with orange circles) and lows.
Entry Point: The price appears to be rejecting a resistance zone around 0.6447, which is where the short position is initiated (marked by the red arrow).
Stop Loss: Set just above the resistance zone, around 0.6450.
**Take
Pattern Type: It looks like a bearish double or triple top pattern with clear swing highs (marked with orange circles) and lows.
Entry Point: The price appears to be rejecting a resistance zone around 0.6447, which is where the short position is initiated (marked by the red arrow).
Stop Loss: Set just above the resistance zone, around 0.6450.
**Take
Trade active
ACTIVE TRADE
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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.
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t.me/Money_Magnet08
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Money_Magnet08
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Money_Magnet08
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Money_Magnet08
Gold Signal's with proper TP & SL for high profit opportunities..
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.