Weekly Chart:
Bearish Engulfing Patter & penetrated key support @ 0.77493
Daily Chart:
Pulled back short-term downtrend.
I suggest a short position
Bearish Engulfing Patter & penetrated key support @ 0.77493
Daily Chart:
Pulled back short-term downtrend.
I suggest a short position
Trade active
Note
I closed the short position with a small profit and wait to short again.Note
Did you guys short still keep shorting as I mentioned?Note
Weekly Chart: Price has been rejected at key resistance 0.74493 => It is still bearish. But this week we need to be careful because AUDUSD approaching the uptrend line.
Note
Weekly Chart: Once again a bearish pin bar with price has been rejected at key resistance 0.74493 => It is still bearish.
Watch out:
This week we need to be careful because AUDUSD approaching closer the uptrend line.
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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.