tradetoprofit

AUDUSD Setup - Trending Market to Relieve Swing Low

Viés de alta
OANDA:AUDUSD   Dólar Australiano/Dólar Americano
Observe the major swing low in mid-July, that began from the top of the trend line of resistance. AUDUSD appears to be making a bullish trending market with the beginning series of Higher High's and Higher Low's . I do not currently believe we will hit another Higher High unless that trendline of resistance is broken, that would be a big push.

I am bullish on this pair at least up to 0.6900 , but not after that. From 0.6900 I forecast the pair to turn bearish again, as this is the macro trend. My entry at 0.6818 , SL at 0.6677 and TP at 0.6900.

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.