Dólar Australiano/Dólar AmericanoViés de baixa
Its gone, far... far... gone...
This setup is base on the following price confluences.
1. Downtrend on monthly chart candle and weak economics of AUD.. where the commodities price getting hit by USD strength.
en.wikipedia.org/wiki/Economy_of_Australia
2. Strength of USD also amplify the drop. (Please check related idea for USD strength status)
Setup configuration ::
[ SHORT @ 0.8000 ] (As point by Blue box)
This number come from many previous week price support/resistance as indicated by RED arrows.
[ STOP @ 0.8200 ] (As point by RED box)
This number come from the last peak (before it create a new Lower-Low)
( If price go above this level it mean there is not down trend anymore. and short positions should be exited)
[ TARGET 1 @ 0.6000 ]
This number come from price support around late 2008. ( As point by orange arrow. )
1. Downtrend on monthly chart candle and weak economics of AUD.. where the commodities price getting hit by USD strength.
en.wikipedia.org/wiki/Economy_of_Australia
2. Strength of USD also amplify the drop. (Please check related idea for USD strength status)
Setup configuration ::
[ SHORT @ 0.8000 ] (As point by Blue box)
This number come from many previous week price support/resistance as indicated by RED arrows.
[ STOP @ 0.8200 ] (As point by RED box)
This number come from the last peak (before it create a new Lower-Low)
( If price go above this level it mean there is not down trend anymore. and short positions should be exited)
[ TARGET 1 @ 0.6000 ]
This number come from price support around late 2008. ( As point by orange arrow. )
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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.
Publicações relacionadas
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.