AUDUSD BEARISH MOVE EXPLANIED
Updated
AU was confirmed bearish after crossing below the 200 EMA. Bearish conditions met.
The MOM was facing down hovering above the price line. Bearish conditions met.
The stochastic was facing down, crossed below the 80 percent line and the orange line was over the blue line. Bearish conditions met.
The MOM was facing down hovering above the price line. Bearish conditions met.
The stochastic was facing down, crossed below the 80 percent line and the orange line was over the blue line. Bearish conditions met.
Trade closed: target reached
TP 1 HIT!
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.