TradingView
TheTradersAvenue
Jan 18, 2023 3:51 PM

AUDUSD > Detailed Analysis for Buy & Sell.. 

AUD/USDOANDA

Description

Analysis of #AUDUSD

Hi traders, today we will have a look at #AUDUSD


as you can see the market right now is at trendline resistance the market actually showing a bearish reaction at this level and we might have a bearish candle formation at the top of the hour, which could be a good reason for some to get in sell trade, the other way to get in a selling trade is to wait for the market to form a double top and enter sell with confirmation

the other way that you can trade this market is maybe waiting for the market to drop to the support level just near 0.69 which is also trendline support and the previous structure support level

I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one

Thanks for your continued support!
Comments
JoeChampion
Good view mate!
TheTradersAvenue
@JoeChampion, thanks mate
ProjectSyndicate
neat techical summary and chart for traders
MonoCoinSignal
Logical description
basictradingtv
Awesome work mate, keep it up ;)
BKTradingAcademy
Beautiful analysis! I look always look forward to seeing your ideas.
More