Downwards channel formation. Watch Australia unemployment fundamentals shortly here. Expectation AUD weakness.
I am only in sells in AUDUSD. If it retraces up I will sell at 0.7230 (resistance)
Entry: Sell stop 10 pips below channel
TP @ 0.7090 area (bottom of channel)
Good luck trading! Please help like my free analysis ideas so it can benefit more people.
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
I am only in sells in AUDUSD. If it retraces up I will sell at 0.7230 (resistance)
Entry: Sell stop 10 pips below channel
TP @ 0.7090 area (bottom of channel)
Good luck trading! Please help like my free analysis ideas so it can benefit more people.
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
Note
Trade is in consolidation, no sell stop entry hit.
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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.