Been monitoring AUDUSD closely since yesterday’s drop following the US news.
Price action has shown a solid bearish impulse, and I'm now anticipating a continuation to the downside. I'm particularly eyeing the 0.63877 USD zone for a bearish retest.
🔍 Plan:
Waiting for a confirmation candle around the 0.63877 area.
Watching the 9AM (UK time) candle close for signs of rejection.
Potential short setup after 10AM, aligning with the fresh H4 candle opening.
Patience is key — looking to trade only with confirmation.
📌 These are my personal views — not financial advice.
Price action has shown a solid bearish impulse, and I'm now anticipating a continuation to the downside. I'm particularly eyeing the 0.63877 USD zone for a bearish retest.
🔍 Plan:
Waiting for a confirmation candle around the 0.63877 area.
Watching the 9AM (UK time) candle close for signs of rejection.
Potential short setup after 10AM, aligning with the fresh H4 candle opening.
Patience is key — looking to trade only with confirmation.
📌 These are my personal views — not financial advice.
Trade active
Trade closed: stop 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.