"AUDUSD: Top and Bottom Analyisis" by ThinkingAntsOk
4H Chart Explanation:
- Price is currently on a Resistance Zone.
- Price has tested this zone 4 times before now.
- Bearish Divergence on MACD.
- If price starts the down move, potential to move down towards the Support Zone at 0,6883.
- We are looking for sell setups on lower timeframes to confirm the down move.
However, we still bull in the Middle and Long Term. Check them out!
Weekly Vision:
Daily Vision:
- Price is currently on a Resistance Zone.
- Price has tested this zone 4 times before now.
- Bearish Divergence on MACD.
- If price starts the down move, potential to move down towards the Support Zone at 0,6883.
- We are looking for sell setups on lower timeframes to confirm the down move.
However, we still bull in the Middle and Long Term. Check them out!
Weekly Vision:
Daily Vision:
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.
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.