Wizardofassets

AUDUSD Long Multiple TF Analysis

Education
FX:AUDUSD   Australian Dollar / U.S. Dollar
Technical Analysis:

-----
* Weekly Fake Breakout to downside —> Bullish Pinbar
* Daily support zone
* Daily IB since 8 days -> Fake breakout
------
* 4H Pinbar with retest breakout falling trendline
* 38er Retracement Fibo on 4H and daily last bullish move
------
* 1H Divergence building up, break to the upside (triangle)
* —> 4H/1H/15m/5min/1min Pinbar
-----
* Huge 1min RSI divergence
* —> 1min Pinbar @ 0,618er Extension & Retest falling trendline

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.