AUDUSD CONSOLIDATION BREAKOUT
Pair: AUDUSD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, consolidation break
—————
Key Takeaway: Been ranging for some time now and we finally saw some breaks to the downside toward the end of last week, we are looking for re-tests of this broken level of support before shorting as USD has gained some strength pushing this pair down
—————
Level needed: need a close by —
—————
Trade: Short
RISK:REWARD —
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, consolidation break
—————
Key Takeaway: Been ranging for some time now and we finally saw some breaks to the downside toward the end of last week, we are looking for re-tests of this broken level of support before shorting as USD has gained some strength pushing this pair down
—————
Level needed: need a close by —
—————
Trade: Short
RISK:REWARD —
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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.