AUDUSD Bearish Opportunity
A. personally i would only go long if it breaks above 0.7400.
B.overall i am still bearish, the daily candle failed to close above the triangle and the channel. close to MA level, and confluence with some resistance and fib level.
C. i would short till 0.6600 which is an ABCD pattern extension and also a psychological Area and thedistanced of the triangle breakout, that is 3 confluence for a Target
B.overall i am still bearish, the daily candle failed to close above the triangle and the channel. close to MA level, and confluence with some resistance and fib level.
C. i would short till 0.6600 which is an ABCD pattern extension and also a psychological Area and thedistanced of the triangle breakout, that is 3 confluence for a Target
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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.