cryptoyoda
Short

AUDUSD close to hitting top of fork?

FX:AUDUSD   Australian Dollar / U.S. Dollar
177 views
0
177 1
1) AUDUSD seems to have a new fork/slope (navy blue). See zoom at the ML (green arrow) & resistance becoming support on lower quartile and sliding parallel ( SP ) above it.

2) AUDUSD seems to be completing the CD leg of abcd ; which is within ABCD . d=P, and aligns with an SP , and is just below the upper median line parallel, so a strong turn is likely there.

Could be a short opportunity if strong resistance is apparent at 0.972-3 (if you're comfortable shorting inside an upward-sloping fork).
Longer-term context:
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out