AUDUSD Short Setup
Potential short here.
But best to wait for the candle close.
Confluences:
1) Descending trendline
2) Ascending trendline
3) Daily pivot
4) 50% fib
5) 50EMA retest on the 4H
Any candle close above is a no trade.
But best to wait for the candle close.
Confluences:
1) Descending trendline
2) Ascending trendline
3) Daily pivot
4) 50% fib
5) 50EMA retest on the 4H
Any candle close above is a no trade.
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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.