Bullish bounce?The Aussie (AUD/USD) is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance.
Pivot: 0.6323
1st Support: 0.6260
1st Resistance: 0.6402
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUDUSD
AUDUSD What Next? BUY!
My dear followers,
I analysed this chart on AUDUSD and concluded the following:
The market is trading on 0.6361 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6376
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
AUD/USD "The Aussie Dollar" Forex Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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however I advise placing Buy Stop Orders above the breakout MA or Place Buy limit orders within a 15 or 30 minute timeframe. Entry from the most re cent or closest low or high level should be in retest.
Stop Loss 🛑: Thief SL placed at the recent / nearest low level Using the 4H timeframe,
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 0.65100 (or) Escape Before the Target
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📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
AUD/USD "The Aussie Dollar" Forex Market is currently experiencing a Bullish trend., driven by several key factors.
💨 Fundamental Analysis
The AUD/USD pair is struggling due to dismal Goods Trade Balance data from Australia, a modest US Dollar uptick, February RBA rate cut bets, and US-China trade war fears. Australia's trade surplus has shrunk to a three-month low, and the latest Q4 Consumer Price Index (CPI) figures showed that headline inflation rose by 2.5% YoY, down from 2.8% in the previous quarter.
💨 Macro Economics
The Reserve Bank of Australia (RBA) has kept interest rates at record highs, while the US Federal Reserve (Fed) has trimmed the benchmark interest rate by 100 bps through 2024 and aims to slow the pace of cuts in 2025 . The Australian economy is expected to be affected by the US-China trade war, as China is its biggest export market.
💨 COT Analysis
Large speculators and asset managers remain net-long the US dollar index, although the latter has a more convincing bullish view . The Australian Dollar COT Index represents the positioning of large non-commercial (speculator) net positions minus large commercial (hedger) net positions.
💨 Key Takeaways
The AUD/USD pair is bearish due to weak Australian data, US Dollar strength, and trade war fears.
The RBA is expected to cut interest rates in February, while the Fed is slowing the pace of rate cuts.
Large speculators and asset managers remain net-long the US dollar index.
💨 Bullish Factors
RBA Rate Cut Priced In: Markets have already priced in a 25 basis point rate cut by the RBA, which could limit the downside potential for AUD/USD.
China's Economy Showing Signs of Recovery: China's latest economic data, including the Caixin Services PMI, has shown signs of recovery, which could boost demand for Australian exports and support the AUD.
Iron Ore Prices Rising: Iron ore prices have been rising due to supply disruptions and strong demand from China, which could support the AUD.
AUD/USD Oversold: The AUD/USD pair is currently oversold, with the Relative Strength Index (RSI) below 30, which could lead to a technical bounce.
US Dollar Overbought: The US Dollar is currently overbought, with the US Dollar Index (DXY) above 98, which could lead to a correction and support the AUD.
Positive Australian Data: Australia's latest economic data, including the Q4 Consumer Price Index (CPI) and the January employment report, has been positive, which could support the AUD.
Technical Support: The AUD/USD pair has technical support at 0.6200, which could limit the downside potential.
💨 Bullish Scenarios
AUD/USD breaks above 0.6300: A break above 0.6300 could lead to a rally towards 0.6400.
RBA surprises with no rate cut: If the RBA surprises markets with no rate cut, the AUD could rally towards 0.6500.
China's economy continues to recover: If China's economy continues to show signs of recovery, the AUD could benefit from increased demand for Australian exports.
💨 Market sentiment for AUD/USD is currently bullish, with 76% of traders holding long positions ¹. This is also reflected in IG's client sentiment data, which shows that 78% of client accounts are long on this market
However, it's essential to note that market sentiment can change rapidly, and it's crucial to consider other factors, such as technical analysis and fundamental data, when making trading decisions.
From a technical perspective, AUD/USD is struggling to capitalize on its recent recovery move from a multi-year low, dropping toward 0.6250 due to dismal Goods Trade Balance data from Australia
Fundamentally, the Australian economy is expected to be affected by the US-China trade war, as China is its biggest export market. The Reserve Bank of Australia (RBA) has kept interest rates at record highs, while the US Federal Reserve (Fed) has trimmed the benchmark interest rate by 100 bps through 2024 and aims to slow the pace of cuts in 2025
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
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Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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Market Analysis: AUD/USD Holds Strong—Are More Gains Ahead?Market Analysis: AUD/USD Holds Strong—Are More Gains Ahead?
AUD/USD is attempting a fresh increase from the 0.6350 support.
Important Takeaways for AUD/USD Analysis Today
- The Aussie Dollar found support at 0.6300 and recovered higher against the US Dollar.
- There is a connecting bullish trend line forming with support at 0.6365 on the hourly chart of AUD/USD at FXOpen.
AUD/USD Technical Analysis
On the hourly chart of AUD/USD at FXOpen, the pair formed a base above 0.6300. The Aussie Dollar started a decent increase above the 0.6350 resistance against the US Dollar, as mentioned in the previous analysis.
The pair even cleared 0.6400 before there was a minor pullback. The recent low was formed at 0.6351 and the pair is again rising. The bulls pushed the pair above the 50% Fib retracement level of the downward move from the 0.6408 swing high to the 0.6351 low.
However, the pair is still below the 50-hour simple moving average. On the upside, the AUD/USD chart indicates that the pair is now facing resistance near the 0.6385 zone. It is close to the 61.8% Fib retracement level of the downward move from the 0.6408 swing high to the 0.6351 low.
The first major resistance might be 0.6395. An upside break above the 0.6395 resistance might send the pair further higher. The next major resistance is near the 0.6410 level. Any more gains could clear the path for a move toward the 0.6450 resistance zone.
If not, the pair might correct lower. Immediate support sits near the 0.6365 level. There is also a connecting bullish trend line forming with support at 0.6365.
The next support could be 0.6350. If there is a downside break below the 0.6350 support, the pair could extend its decline toward the 0.6330 zone. Any more losses might signal a move toward 0.6300.
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Bullish rise?The Aussie (AUD/USD) has reacted off the pivot and could potentially rise to the 1st resistance.
Pivot: 0.6313
1st Support: 0.6144
1st Resistance: 0.6448
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUD/USD Bearish Breakout PotentialThe chart shows AUD/USD on a 1-hour timeframe, highlighting a consolidation phase with multiple rejections at resistance (labelled 1-4). The price has recently rejected the upper boundary and is breaking down from the range, suggesting bearish momentum. A significant liquidity grab appears to have occurred near the highs, followed by a strong rejection. The projected move suggests a further decline toward the next support level around 0.6300. Traders might look for confirmation via increased selling pressure and volume before entering short positions.
AUD/USD: Smart Money Loading Up or Another Trap?AUD/USD – Bullish Momentum or Liquidity Grab?
Technical Breakdown:
The Australian Dollar vs. US Dollar (AUD/USD) is showing an interesting setup, with price action hinting at potential continuation to the upside. Let’s dive into the analysis across multiple timeframes to see if buyers are in control or if we’re facing another liquidity trap.
Weekly Timeframe:
• AUD/USD experienced a strong bearish move after reaching 0.6938 in September 2024, followed by a relentless downtrend to 0.6085 by mid-November.
• Since then, we’ve seen a three-week bullish push off the lows, suggesting a potential shift in sentiment.
• A higher low has been established, but the key question remains: Will buyers maintain control?
Daily Timeframe:
• A structural break above 0.6311 signals bullish intent.
• The market previously swept early buyers, forming a double bottom, before pushing back above resistance.
• Current price action is retesting this level, potentially building liquidity for the next leg up.
H4 Timeframe (Trade Execution Level):
• Price printed a higher low at 0.6371, and bullish momentum is attempting to reclaim the recent highs.
• A strong bearish retracement provided a potential early buy entry, setting up a high reward-to-risk trade.
• If price holds above the 0.6359 entry zone, we could see further upside targets.
Entry & Risk Management:
• Entry: 0.6359
• Stop Loss: 0.6371 (tight 5-pip stop)
• First Target: 0.6408 (1:6 RR)
• Final Target: 0.6446 (1:9-1:10 RR)
Market Psychology & Liquidity Play:
• Many traders chased the highs and placed stop losses below local support—these were swept out.
• A large bullish volume candle remains significant, hinting at strength in buyers.
• If the market sustains momentum, we could see a move toward higher resistance at 0.6446.
Conclusion:
AUD/USD is setting up for a potential bullish breakout, but traders must watch for confirmations on lower timeframes. If price structure holds, this could be a highly profitable swing trade.
Like this breakdown? Follow, boost the post, and drop your thoughts in the comments! Let’s see where AUD/USD heads next.
AUD/USD Bullish Breakout Signals Further UpsideAUD/USD has broken out of a bullish flag pattern on the 4-hour timeframe, suggesting continued upward momentum. A buy entry is recommended at a retest of the former resistance level near 0.63700, now acting as support, aligning with a key bullish trendline.
Technical Observations:
Higher High Formation: The AUD/USD pair has established a higher high on the 4-hour chart, confirming an ongoing bullish trend.
Bullish Flag Breakout: Price has decisively broken above a well-defined bullish flag pattern, typically a continuation pattern that signals further upside.
Support Confirmation: The 0.63700 level, previously acting as resistance, is anticipated to act as support upon a retest.
Trendline Confluence: A bullish trendline further reinforces the support zone near the 0.63700 level.
Trading Recommendation:
Entry Point: Buy AUD/USD near the retest of the 0.63700 level.
Stop Loss: Place a stop loss at 0.63200 to manage risk.
Take Profit 1: 0.64200
Take Profit 2: 0.64700
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Trading involves risk, and you should carefully consider your risk tolerance before making any investment decisions.
AUDUSD Will Move Higher! Long!
Take a look at our analysis for AUDUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.638.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.645 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
NZDUSD Cup Pattern: Bullish Breakout Targeting 0.60NZDUSD is currently trading at 0.57 and forming a classic cup pattern, signaling a potential bullish continuation toward the 0.60 target. The cup pattern is a well-known technical formation that typically indicates a period of accumulation, followed by a breakout to the upside. If the price breaks above the resistance level at the cup’s rim, it could trigger strong buying momentum, pushing NZDUSD higher.
From a technical standpoint, the cup pattern suggests that the market has undergone a correction and is now regaining strength. A confirmed breakout above the neckline would validate the bullish setup, with 0.60 as the next major resistance level. Traders should watch for increasing volume and bullish candlestick confirmations to strengthen the breakout scenario.
Fundamentally, the New Zealand dollar’s movement depends on risk sentiment, US economic data, and Reserve Bank of New Zealand (RBNZ) policies. If the US dollar weakens due to expectations of Federal Reserve rate cuts or softer economic data, NZDUSD could gain additional upside momentum. Additionally, any hawkish signals from the RBNZ regarding inflation and interest rates could further support the bullish outlook.
In summary, NZDUSD is forming a bullish cup pattern, with a potential breakout targeting 0.60. A strong breakout above the resistance could accelerate the bullish move, supported by both technical patterns and fundamental factors. Traders should monitor global risk sentiment, US dollar trends, and RBNZ statements to confirm the momentum shift.
Bearish reversal?The Fiber (EUR/USD) is rising towards the pivot and could reverse to the pullback support.
Pivot: 0.6421
1st Support: 0.6377
1st Resistance: 0.6465
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish continuation?The Aussie (AUD/USD0 is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance.
Pivot: 0.6376
1st Support: 0.6331
1st Resistance: 0.6449
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUDUSD H4 | Bearish DropBased on the H4 chart analysis, we can see that the price is testing our sell entry at 0.6406, which is an overlap resistance that aligns with the 161.8% Fibo extension and the 61.8% Fibo projection, indicating a strong resistance level.
Our take profit will be at 0.6369, a pullback support level.
The stop loss will be placed at 0.6460, which is an overlap resistance level.
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AUDUSD - Look for a short !!Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. As we can see price took buy side liquidity and now it's in bearish OB, I expect to see BOS on lower timeframe to open the trade.
Fundamental news: Upcoming week on Tuesday (GMT+2) we will see results of Cash Rate on AUD and on Thursday (GMT+2) we have Unemployment Rate. News with high impact on currency.
Like, comment and subscribe to be in touch with my content!
AUD/USD Triangle Breakout (19.2.25)The AUD/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 0.6391
2nd Resistance – 0.6404
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AUD/USD breaks to a new weekly highFollowing the RBA’s hawkish rate cut supports, we are continuing to see bullish AUD/USD price action.
Earlier this week, the RBA provided no clear easing bias, citing risks on both sides of the inflation outlook. While it acknowledged that the disinflationary process is progressing, a strong labour market has kept policymakers cautious. The central bank’s governor Bullock highlighted risks to inflation, saying we cannot declare victory on inflation yet.
Overnight, we had some strong labour market data that further supported the Aussie dollar, and just now we have seen rates break to a new weekly high.
From a technical standpoint, the trend has been bullish on the AUD/USD ever since forming a hammer candle around the 0.6130 area a couple of weeks ago. Since then, it has consistently printed bullish price action, keeping buyers in control.
Previous resistance at 0.6330 has now turned into support, keeping the path of least resistance to the upside. This has potentially paved the way for a run toward the 0.6500 handle in the next few days.
Ahead of that, the 38.2% Fibo level comes into focus as 0.6415 next.
On the downside, the 21-day exponential moving average at around 0.6280 serves as the next support in the event of a breakdown below the abovementioned 0.6330 level.
By Fawad Razaqzada, market analyst with FOREX.com
AUDUSD Bullish break-out signalThe AUDUSD pair has been trading within a Channel Up pattern for the whole month of February and since yesterday it is making a bounce on the 4H MA50 (blue trend-line).
Today it broke above the previous High and this is a bullish break-out signal. The previous Bullish Leg that rebounded on the 4H MA200 (orange trend-line) and broke above its previous High, targeted the 1.382 Fibonacci extension.
With the presence of an Inner Higher Highs trend-line, we expect the pair to hit the 1.382 Fib at 0.64250.
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