AUDUSD short
daily
Ascending channel pattern reaching its third touch(Usually the final touch before a change in structure)
Multiple rejections off the 0.69300(Yellow line)
4 hour
Rejections off the previous resistance and could not break zone multiple times (Red Zone) potential to enter at least 3 times, however, could be risky
Any questions or tips are welcome :)
Ascending channel pattern reaching its third touch(Usually the final touch before a change in structure)
Multiple rejections off the 0.69300(Yellow line)
4 hour
Rejections off the previous resistance and could not break zone multiple times (Red Zone) potential to enter at least 3 times, however, could be risky
Any questions or tips are welcome :)
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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.