AUD/USD struggles in the hourly chart, probable sell opportunity
Hello traders, AUD/USD has been struggling to clear the 0.6620-0.6650 resistance zone.
We have observed multiple bearish candlesticks on the hourly chart.
So, if price continues to struggle here, there could be a potential short opportunity
with initial target at 0.6550 level.
Keep in mind that this is the hourly chart, so even if you sell, consider taking profit
if price moves 30-35 pips in profit
We have observed multiple bearish candlesticks on the hourly chart.
So, if price continues to struggle here, there could be a potential short opportunity
with initial target at 0.6550 level.
Keep in mind that this is the hourly chart, so even if you sell, consider taking profit
if price moves 30-35 pips in profit
Trade active
Sold@0.6605Note
This trade has definitely not worked in a way I would have hoped, But I am keeping the trade open as I feel there is a likely to a bearish move tomorrowNote
55 Pips running profitNote
90 Pips running profit from my sell at 0.6605Trade closed manually
Closed@0.65 with 105 Pips profitPatience is a virtue
Note
AUDUSD now 143 Pips in profitTrade closed: target reached
AUD/USD reacht the target, the idea generated over 150 pips profit.Currently, considering a buy trade
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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.