#AUDUSD: Bears Picking Up Steam, Downside Expected! #Forex
Traders,
Bearish engulfing signal at the top of the range at the resistance zone shows bears acknowledged this zone and bears have picked up steam. Pair is offering strong hidden Stochastic bearish divergence, showing underlying bearish demand. Price nearing minor sideways support, if price breaks this level this could be an bear impulse leg, which could see price go much lower. Good opportunity to short. I hope you have a tested trading strategy to trade this move when it starts.
Bearish engulfing signal at the top of the range at the resistance zone shows bears acknowledged this zone and bears have picked up steam. Pair is offering strong hidden Stochastic bearish divergence, showing underlying bearish demand. Price nearing minor sideways support, if price breaks this level this could be an bear impulse leg, which could see price go much lower. Good opportunity to short. I hope you have a tested trading strategy to trade this move when it starts.
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。