Welcome to OpulenceUK, we provide technical analysis alongside premium education which teaches our strategy online and also 1-2-1!
We hope you enjoy our content, please like and follow!
--
AUDUSD - H4
- REACHED KEY RESISTANCE - NECKLINE REACHED AND 50% FIB - ENTERED CONSOLIDATION (SMALL) - H1 - BULLISH DUE TO RECENT SURGE (30-40PIPS) - H4 - REACHED RES LEVEL, SHOWS BEARISH - H4 - CANDLE RETRACE, STRONG WICK - D - OVERALL BEARISH (START OF YEAR)
Extra analysis:
Daily TF shows H&S formation from 08 May - 15 Jul // If we reach 0.70700 this could be a breakout or a bounce back, this is heavily dependent on the price action. I can't see the right shoulder breaking, but please bear this in mind.
RISK:
USD going weak, its been very temperamental. As with all trades, review the news before hand and be safe! Alongside this, review the extra analysis, there could be a breakout or bounce back down.
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.