AUDUSD Is About To Fall, Wait For A Confirmation
Traders, AUDUSD has reached a high probability FCPzone now and we can see a downward move from here. Make sure that you have a confirmation before you enter a trade. Horizontal lines and arrows indicate possible profit targets along the way.
On a side note, SnP500 has been somewhat correlated to AUDUSD as well in 2020 without any particular reason. So this can indicate a fall in SPX500 too. It may or may not happen but take it as a warning.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
On a side note, SnP500 has been somewhat correlated to AUDUSD as well in 2020 without any particular reason. So this can indicate a fall in SPX500 too. It may or may not happen but take it as a warning.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
🔵 Free Telegram Channel: t.me/VikinsaFx
🔴 Training: bit.ly/vikinsacorestrategyprogram
🟣 YouTube : youtube.com/vikinsa
🟡 Twitter: twitter.com/vikinsa
🔴 Reviews: bit.ly/VikinsaTrustPilotViews
🔴 Training: bit.ly/vikinsacorestrategyprogram
🟣 YouTube : youtube.com/vikinsa
🟡 Twitter: twitter.com/vikinsa
🔴 Reviews: bit.ly/VikinsaTrustPilotViews
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.