AUD/USD possible short scenario
Before going north or south wait for a corrective pattern to be finished.
Most probably there will be some minor move up to complete zigzag formation. When it is over you may get a selling opportunity down to the ascending trendline where further confirmation of a big down move will be required. After reaching the trendline the price might either fall or go up to complete a complex correction
Most probably there will be some minor move up to complete zigzag formation. When it is over you may get a selling opportunity down to the ascending trendline where further confirmation of a big down move will be required. After reaching the trendline the price might either fall or go up to complete a complex correction
Note
Note
Note
Note
Note
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.
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.