Long idea on AUD/USD
Daily and 4 hr chart showing signs of bullish behavior ,,, However
3 hr chart shows head and shoulder patter formation. Buys would be confirmed with a break of the shoulder to the left
1 hour shows a massive price imbalance ( fair value gap has also appeared in at support level)
ENTRY: 0.67367
TP1 (first aim for the low hanging fruit): 0.68159
TP2: 0.68610
3 hr chart shows head and shoulder patter formation. Buys would be confirmed with a break of the shoulder to the left
1 hour shows a massive price imbalance ( fair value gap has also appeared in at support level)
ENTRY: 0.67367
TP1 (first aim for the low hanging fruit): 0.68159
TP2: 0.68610
Nota
As suspected; the shoulder was not broken; instead, the head and shoulders identified in our 3hr analysis has been respected.Price is currently sitting at strong support following jobless claims figures.. we wait and see whether the low will be violated.
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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.