Possible short AUDUSD ... the week of 27 May
已更新
The uptrend of this pair has been broken as evidenced by the double top and then, price crossing below the uptrend line. Now we can see a nice structure forming as the pair makes its way to the downside. My arrowed line indicates what I would like to see happen, but it is rare to see an ideal formation.
I will be watching this pair next week for further indication that bearish trend will continue and take action at the appropriate time. An initial target in the area between 0.6465 and 0.6450 seems logical with the possibility of lower levels too.
This is not a trade recommendation.
Trading carries a high level of risk, so only trade with money you can afford to lose.
Please use sound money and risk management in all your trades.
If you like my idea, please give a “boost” and follow me to get even more.
Please comment and share your thoughts too!!
I will be watching this pair next week for further indication that bearish trend will continue and take action at the appropriate time. An initial target in the area between 0.6465 and 0.6450 seems logical with the possibility of lower levels too.
This is not a trade recommendation.
Trading carries a high level of risk, so only trade with money you can afford to lose.
Please use sound money and risk management in all your trades.
If you like my idea, please give a “boost” and follow me to get even more.
Please comment and share your thoughts too!!
注释
No trade for me yet. This pair continued bullish action more than I expected. As they say - always expect the unexpected.The last 4 H4 candles show consolidation, so I continue to wait.
交易开始
Entered short at 0.6647. Stop 15 pips above recent high.交易开始
Currently 30 pips in profit.The skill required now is trade management.
Good luck to those who are trading this pair!!
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。