AUDUSD open sell trade
Most recently, the price broke through the resistance line, which is also the lower line of the upward channel.
This is a strong line that has been around since April 2020.
And now the price touches it again at the point 0.732, thereby leaving the channel.
The price behavior in recent days, as well as the fact that the line is one of the strongest on the chart, indicates that the price may fall.
As I did in October, for example.
And so I'm going to sell.
SL - set above the price around 0.748.
TP - looking for the support level - 0.713.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
This is a strong line that has been around since April 2020.
And now the price touches it again at the point 0.732, thereby leaving the channel.
The price behavior in recent days, as well as the fact that the line is one of the strongest on the chart, indicates that the price may fall.
As I did in October, for example.
And so I'm going to sell.
SL - set above the price around 0.748.
TP - looking for the support level - 0.713.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Related publications
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.