velmunis

AUDUSD Swing trade 17.March.2021

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD
*********
⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational

—————-❇️——————-
Key points 💬

1️⃣Positive USD and strong DXY
2️⃣ AUDUSD Head and shoulder pattern
3️⃣ 0.78000 Acting as strong resistance
4️⃣ 0.80000 Major upper side resistance Key reversal area
5️⃣ 0.76250 March low- Barrier for the bear
6️⃣ Rising of Virus infections around the world
7️⃣ Technical support -Bear
8️⃣0.76000 will acted as key reversal-bullish
9️⃣ Series of LL LH LL Lh patterns
🔟 Possible swing target-0.75800
#️⃣ Price below the Point of control-Volume profile

—————-⚜️——————-
b]Bearish entry #aussie #audusd

Entry price - 0.77250

Take profit 01 - 0.76500
Take profit 02 - 0.75800

🚫 Stop lose 0.78080

—————-⚜️——————-

Push the like button , And cheer up if you found useful
Trade closed: stop reached: Due to the weakness in USD its reached STOP lose level..lets look for alternative opportunities in this pair

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.