Given the CHoCH on the daily timeframe and the bearish order flow on the lower timeframe, the price could move towards 0.63103 to fill the FVG on the daily timeframe.
Trade closed: target reached
Now that the price has reached the target, the Australian dollar can continue its decline. The next target is a move towards 0.62720.
Feel free to reach out with any questions about technical analysis or private training courses via email.
I’m here to help you grow and understand the market better.
alixjey@outlook.com
I’m here to help you grow and understand the market better.
alixjey@outlook.com
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.
Feel free to reach out with any questions about technical analysis or private training courses via email.
I’m here to help you grow and understand the market better.
alixjey@outlook.com
I’m here to help you grow and understand the market better.
alixjey@outlook.com
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.