After being in a range for a while, AU rejected the top of the range and broke a previous low.
My expectation is for price to pull back to the zone of the previous low for a retest which is also a psychological level, respect the trendline and push back down.
I will be posting my updates on this trade setup.
Follow me so you can see them.
Let's get that bag!!
My expectation is for price to pull back to the zone of the previous low for a retest which is also a psychological level, respect the trendline and push back down.
I will be posting my updates on this trade setup.
Follow me so you can see them.
Let's get that bag!!
Note
Here's how I plan to take my entry on the M30 timeframe: Note
Update on the AUDUSD idea. After my re-analysis, this is my view:Note
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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.