🔸Hello traders, let's review the 3 hour chart for AUDUSD today. Speculative IHS in progress, expecting bulls to re-test overhead resistance before reversal. Currently getting overbought.
🔸Previously recommended buying near market, currently trade running at +80 pips. bulls should exit position soon near 6790/6830. expecting reversal from resistance.
🔸Recommended strategy AUDUSD: bears short from 6790/6840 stop loss fixed at 6900. TP1 bears is +120 pips TP2 bears +240 pips. Bears will target re-test of mirror S/R at 6600.
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Can we enter after pullback for long position? (6600)
TheNewsCrypto
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Thanks
TheNewsCrypto
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Great
DAY_PROFITS
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Thanks , possible scenario .
Tolberti
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Great graphics, thanks!
Solldy
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I second that! It's a little early to make a prediction now, of course, but all the arguments are the same as the ones I highlighted for myself. So, my scenario is almost completely the same)