AUD / USD 0.73992 -0.2 % SHORT IDEA * REVERSAL PATTERNS
Updated
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE AUD / DOLLAR
* The PAIR has been trading in a Ascending channel , just tested the roof of this structure NOW seems the bears will be in control with the formation of the double top anticipating a reversal.
- Short term the pair is in a up trend on lower time-frames as we see break above's even on the 4h chart this.
- Looking for short entries on the THE PAIR this week should all the rules of the formation be met.
BREAK ABOVE AND BULLISH MOMENTUM INVALIDATES THE SET UP.
scaling down
https://www.tradingview.com/x/oTAFuYtf/
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE AUD / DOLLAR
* The PAIR has been trading in a Ascending channel , just tested the roof of this structure NOW seems the bears will be in control with the formation of the double top anticipating a reversal.
- Short term the pair is in a up trend on lower time-frames as we see break above's even on the 4h chart this.
- Looking for short entries on the THE PAIR this week should all the rules of the formation be met.
BREAK ABOVE AND BULLISH MOMENTUM INVALIDATES THE SET UP.
scaling down
https://www.tradingview.com/x/oTAFuYtf/
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Trade active
pushed higher for a test of the roof of structure creating a double top at this level, momentum towards the upside changes the whole plan as we'll be preparing for long set ups other wise still short this week.
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