AUDCHF Downward Trend at Resistance
Entry Price: 0.73659
SL: 0.73781
TP: 0.71318
I've seen a lot of traders reporting that they are going to bullish in favor of the AUD.
I don't agree yet, I believe that during the RBA Rate Statement on Tuesday, the bank will decide to keep rate unchanged.
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Throughout the week, I'll most likely be a bear looking for scalps in favor of downward momentum.
Disclaimer: This trade isn't advice. It's my personal analysis shared publicly.
SL: 0.73781
TP: 0.71318
I've seen a lot of traders reporting that they are going to bullish in favor of the AUD.
I don't agree yet, I believe that during the RBA Rate Statement on Tuesday, the bank will decide to keep rate unchanged.
---
Throughout the week, I'll most likely be a bear looking for scalps in favor of downward momentum.
Disclaimer: This trade isn't advice. It's my personal analysis shared publicly.
Nota
Pair broke out of the declining resistance lines, but are still within the last weeks high resistance.Nota
Flag pattern formed; Looks completed and ready to fall now.Nota
Right now this is a failed trade; Will need to analyze later.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.