TradingView
Lingrid
Mar 7, 2023 7:41 AM

Lingrid | AUDUSD range BREAKOUT Short

Australian Dollar/U.S. DollarFXCM

Description

The market has been moving down from resistance, it failed to update its highs. The market has broken through support levels and it formed a range. Price has bearish momentum and it might fall below the range zone. I expect a breakout of the range zone then move down because the market is in downward trend. My target is 0.65500 support level .

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
dipeshsalon
AUDUSD has currently reached 50% of Fibonacci retracement with a strong support zone. A perfect opportunity for BUY setup.

Probably there will be a fake out in daily time frame. Price will move upward once New York market opens.
FOREXN1
Thanks for sharing !
WalterMoon
Cool AUDUSD idea buddy
TheAnonymousBanker
TP1....
KlejdiCuni
I am watching for the same movement. It will take some time but it could be good.
BKTradingAcademy
I like it! Cheers!
P_S_trade
Nice trade plan
Candlestick_OB
Good Chart
Lingrid
Please rate the idea, what do you think guys?
More