💲AUD/USD Time for declines
💲Post is a direct continuation of the previous post on AUD/USD:
💲After we almost passed the 1:1 level of the biggest correction in the uptrend.
💲We bounced back to double tops again.
💲The time has come to attack the declines once again.
💲This time from a slightly higher ceiling than last time.
💲The support zone again remains on 1:1 level, and this time I also added the fibo level of 0.382 of the entire upward wave.
💲I determined the resistance zone based on the recent tops and the 0.5 level of the whole wave from covid bottom to top.
💲The scenario I am playing out is a continuation of the decline to the support zone with consideration of minor corrections along the way.
💲*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
💲Post is a direct continuation of the previous post on AUD/USD:
💲After we almost passed the 1:1 level of the biggest correction in the uptrend.
💲We bounced back to double tops again.
💲The time has come to attack the declines once again.
💲This time from a slightly higher ceiling than last time.
💲The support zone again remains on 1:1 level, and this time I also added the fibo level of 0.382 of the entire upward wave.
💲I determined the resistance zone based on the recent tops and the 0.5 level of the whole wave from covid bottom to top.
💲The scenario I am playing out is a continuation of the decline to the support zone with consideration of minor corrections along the way.
💲*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 www.t.me/Investmatez 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 www.t.me/Investmatez 💲
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