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TheTradersAvenue
May 28, 2021 9:34 AM

AUDUSD > The Best Place for A Short Trade!! Short

AUD/USDOANDA

Description

Analysis on #AUDUSD

Hello friends.

most of the setups that I am seeing require a strong dollar, as you can see here on the chart we have a clear price rejection from traders when the market hit almost 0.7900, eventually, they were saying, that is a bargain price lets sell as much as we can.

now, looking at the chart market went in consultation and I am waiting for a breakout to the downside to start looking for a sell trade and maybe a shift in the trend, I have my alert set so let's wait and see.


if this setup delivered value to you, like and comment
Check today analysis below⠀

>>It’s not what we do once in a while that shapes our lives. It’s what we do consistently.

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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should yo
Comments
financialflagship
Great forecast, thanks a lot. 🙌
InkyGrip
premium info, appreciate it. 🦐️
Stargazer_fx
great technical analysis mate, thanks for sharing
SignalProvider
I have the same viev on AUDUSD
nice work!
TheTradersAvenue
@SignalProvider, thank you man
KlejdiCuni
The price is spending some time in consolidation. I agree with what you pointed out on the chart.
Mihai_Iacob
Got the feeling it will go up...
But technicaly you are right
TheTradersAvenue
@OptimoomFX, thank you for the comment mate
MMBTtrader
fall is expected

after breaking support of range zone

thanks for sharing
TheTradersAvenue
@MMBTtrader, thanks mate
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