AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: We are still technically bearish on higher timeframes but we have seen a strong 4hour bullish trend last week.
Current price action is consolidation near key resistance around 0.72000.
Ideally, we see a nice reversal with a lower high below 0.71500 to enter short on.
Trade scenario 2: For us to consider long entries we need to see a higher low above 0.72000
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: We are still technically bearish on higher timeframes but we have seen a strong 4hour bullish trend last week.
Current price action is consolidation near key resistance around 0.72000.
Ideally, we see a nice reversal with a lower high below 0.71500 to enter short on.
Trade scenario 2: For us to consider long entries we need to see a higher low above 0.72000
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免責聲明
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