AUDUSD is a sideway trend
There are two reasons that make me intent shorting AU
- First, in Daily timeframe, the Price touch a boundary of decreasing channel
- Second, in H4 timeframe, sellers are coming to break trendline with strong momentum after accumulating
Expectation:
- Short AU is in around 0.69 area
- Stop-loss and Take profit like in the image
Good luck & safe trade
(The idea is created to discuss, there are no recommendations for any buy/sell order. Feedback is welcome)
There are two reasons that make me intent shorting AU
- First, in Daily timeframe, the Price touch a boundary of decreasing channel
- Second, in H4 timeframe, sellers are coming to break trendline with strong momentum after accumulating
Expectation:
- Short AU is in around 0.69 area
- Stop-loss and Take profit like in the image
Good luck & safe trade
(The idea is created to discuss, there are no recommendations for any buy/sell order. Feedback is welcome)
Trade active
Trade active
On the wayNote
1st target reached
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.
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.