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Analysis on #AUDUSD
similar to my NZDUSD analysis, we have a clear close below an important structural support level, now turned to resistance.
>>the first plan is to see if the price will pull back to resistance level to provide a reason to enter a sell trade if the rules are met.
>>the second plan is to wait for the price to come to a long term structure support level and then look for a reversal pattern to enter a buy trade if the rules are met
Check today analysis below⠀
>>“There is no single market secret to discover, no single correct way to trade the markets.”
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Analysis on #AUDUSD
similar to my NZDUSD analysis, we have a clear close below an important structural support level, now turned to resistance.
>>the first plan is to see if the price will pull back to resistance level to provide a reason to enter a sell trade if the rules are met.
>>the second plan is to wait for the price to come to a long term structure support level and then look for a reversal pattern to enter a buy trade if the rules are met
Check today analysis below⠀
>>“There is no single market secret to discover, no single correct way to trade the markets.”
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Note
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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.
Related publications
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.