AUDUSDThere is a strong Bullish Trend on the chart, However, its been tested several times on the support and resistance zone which makes it looks like gonna make a new trend
If the price move below the support zone, it would make the Bearish Trend
And if the price move above the resistance zone, it would continue the previous Bullish Trend
im aiming the price to go bearish and here my future setup
Entry Point = 0.74810
Take Profit 1
162.3 pips = 0.73187
Take Profit 2
273.4 pips = 0.72076
Take Profit 3
380.3 pips = 0.71007
Stop Loss
122.2 pips = 0.76032
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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.