AUD/USD Short Trade Idea
Price is at an area of resistance. The current Bias is Bearish. There has been a weekly divergence on the RSI, which is another confluence to support this Bias.
On the daily timeframe a head and shoulders pattern has formed and last week the right shoulder has finally broken through support. Breakout traders are long here.
For a more secure entry, pullback traders and continuation traders can wait, but there is the chance that a pullback does not occur and it continues to the next area of support.
Take Note of TP1, TP2, and TP3. These are all daily zones and need to be treated as zones or areas.
The above is only an idea of what could possibly continue to happen. Stay safe and always use proper risk management.
On the daily timeframe a head and shoulders pattern has formed and last week the right shoulder has finally broken through support. Breakout traders are long here.
For a more secure entry, pullback traders and continuation traders can wait, but there is the chance that a pullback does not occur and it continues to the next area of support.
Take Note of TP1, TP2, and TP3. These are all daily zones and need to be treated as zones or areas.
The above is only an idea of what could possibly continue to happen. Stay safe and always use proper risk management.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。