AUDUSD 25/01
Selling AU from 0.71455
Daily Timeframe confluences:
- Break of bullish market structure, therefore looking for short opportunities only.
- Overall daily structure = bearish, due to recent LL created.
4H Timeframe confluences:
- EMA crossover indicating bearish momentum
- Break of ascending trendline with a perfect retest before downside seen.
- Break of 0.71455 support with retest
Holding short till 0.70500
Daily Timeframe confluences:
- Break of bullish market structure, therefore looking for short opportunities only.
- Overall daily structure = bearish, due to recent LL created.
4H Timeframe confluences:
- EMA crossover indicating bearish momentum
- Break of ascending trendline with a perfect retest before downside seen.
- Break of 0.71455 support with retest
Holding short till 0.70500
Trade closed: target reached
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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.