AUDUSD, MULTIPLE TIME FRAME ANALYSIS!
Monthly:
Price is at a strong zone of support but we could see a deeper retracement before going long.
Weekly:
We can see a a bearish W forming so we can expect more downside momentum at least to the
monthly support.
Daily:
Price could be forming a H&S pattern that is aligning with a institutional candle (white box).
4H:
We will be monitoring the zone of interest from a 4h perspective to see a possible opportunity
to go short.
Price is at a strong zone of support but we could see a deeper retracement before going long.
Weekly:
We can see a a bearish W forming so we can expect more downside momentum at least to the
monthly support.
Daily:
Price could be forming a H&S pattern that is aligning with a institutional candle (white box).
4H:
We will be monitoring the zone of interest from a 4h perspective to see a possible opportunity
to go short.
Trade active
Monthly: Weekly:
Daily:
4H:
Trade closed: target 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.