Hi guys,
Watch this one for a sell.We have a strong Fibonacci retracement resistance ceiling, as well as major moving average resistance. Price is very weak from a technical stance and I am strongly expecting downside. This could be corrective downside, although we will soon find out if it could be impulse if it breaks previous structure support, perhaps one more bounce before the next big move down.
In light of this pair, it is worth watching AUDUSD for a buy setup.
Best regards,
Tom_Killick
Watch this one for a sell.We have a strong Fibonacci retracement resistance ceiling, as well as major moving average resistance. Price is very weak from a technical stance and I am strongly expecting downside. This could be corrective downside, although we will soon find out if it could be impulse if it breaks previous structure support, perhaps one more bounce before the next big move down.
In light of this pair, it is worth watching AUDUSD for a buy setup.
Best regards,
Tom_Killick
Nota
Price has pulled back slightly, we can use this opportunity to watch for a short on a lower time frame. This one could be very profitable.
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.