๐ AUD/USD โ 2H Chart Analysis
๐ Published: June 16, 2025 | TF: 2H
๐ Trade Idea: 2x Sell Limit at Key Resistance Zone
๐น Market Context:
Price is trading within a rising broadening wedge pattern (marked by the white and blue trendlines).
Current rally retraced aggressively toward upper wedge resistance (2025 High), an area that has repeatedly capped bullish momentum.
Price approaching previous supply zone.
๐ป Sell Limit Setup 1
Entry: 0.65400
SL: 0.6584
TP: 0.6503
R:R โ 1
โ Fades rally into resistance
โ Aligns with EMA structure and intraday exhaustion
๐ป Sell Limit Setup 2
Entry: 0.6550
SL: 0.6584
TP: 0.6499
R:R โ 2
โ Higher entry into wick zone (liquidity trap)
โ Potential false breakout above structure
โ SL above key swing high = cleaner invalidation
โ ๏ธ Aggressive short: smaller SL, better RR
๐ Published: June 16, 2025 | TF: 2H
๐ Trade Idea: 2x Sell Limit at Key Resistance Zone
๐น Market Context:
Price is trading within a rising broadening wedge pattern (marked by the white and blue trendlines).
Current rally retraced aggressively toward upper wedge resistance (2025 High), an area that has repeatedly capped bullish momentum.
Price approaching previous supply zone.
๐ป Sell Limit Setup 1
Entry: 0.65400
SL: 0.6584
TP: 0.6503
R:R โ 1
โ Fades rally into resistance
โ Aligns with EMA structure and intraday exhaustion
๐ป Sell Limit Setup 2
Entry: 0.6550
SL: 0.6584
TP: 0.6499
R:R โ 2
โ Higher entry into wick zone (liquidity trap)
โ Potential false breakout above structure
โ SL above key swing high = cleaner invalidation
โ ๏ธ Aggressive short: smaller SL, better RR
Trade active
1st sell limit activated.Trade closed: target reached
1st Position Tp 1 reachedDisclaimer
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.