[AUDUSD] SIMPLE BEARISH SETUP
Good morning Traders!
On H4 chart, the pair triggered a beautiful rally by developing a bullish impulsive structure (12345), having said that, our analysis says that the structure could be completed and therefore it should be logical that some corrective structure appears (ABC, for example) in the short term.
With this in mind, it might be interesting to try to take a short position as shown on the chart. Before taking a position, calculate the size correctly.
If you think it may be useful to receive other graphic updates in the "comments" section during this setup, support us with your "Like" ... thank you very much !!
On H4 chart, the pair triggered a beautiful rally by developing a bullish impulsive structure (12345), having said that, our analysis says that the structure could be completed and therefore it should be logical that some corrective structure appears (ABC, for example) in the short term.
With this in mind, it might be interesting to try to take a short position as shown on the chart. Before taking a position, calculate the size correctly.
If you think it may be useful to receive other graphic updates in the "comments" section during this setup, support us with your "Like" ... thank you very much !!
Comment:
The pair has not reached the setup area, but the analysis seems to be correct, even the next target is possible…
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🔔 2024 Forex Long Term Analysis:
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Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
If we do not receive support, the next trade will be published in September.
Trade with care!!