Get started
Australian Dollar / U.S. Dollar
Long

AUDUSD weekday analysis

By blvck_bvrd
we have WEEKLY RSI DIVERGENCE and also DAILY RSI DIVERGENCE both signaling Bullish Divergence. On daily timeframe price formed a falling wedge pattern on weekly SUPPORT and we would want to wait for the break of the wedge pattern and retest before entering LONG.

Weekly RSI + Daily RSI + Weekly Support + Falling Wedge Pattern = BUY
Chart PatternsFalling WedgeHarmonic PatternsrsibullishdivergencersidivergenceTrend Analysis
blvck_bvrd

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.