PKRAUD | LONG Currently the dollar has hit it's all time low coming into this month after coming out of a huge reversal.
Currently in a consolidation, which will repeat itself evident by the strong support and resistance that is showing from the dollar.
If you have any opinions on the charts do comment.
Disc
The AUDPKR is going to touch 97.80The short term bear setup is almost established insha Allah.
The price action has touched the resistance of pennant and now the trend changing spin candles are appeared.
The stochastic is overbought favoring the bear setup.
The directional movement and ADX is also bearish.
I am expecting the AUDPKR
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.