WATCH audusd chart o daily time frame looking not good for selling we have no good selling price action till now this resistance has been tested 3 times looks like a triple bottom but if this level breaks then then next resistance and the trend line is on cards Now what should we can here i have a plane we will sell this until this resistance holds we will keep collecting profit until the sl not trigger and second plane to buy it after the clear breakout we will buy it for target 0.80 area till then keep selling with tight sl above the resistance this is just my personal opinion it might be wrong but i have told you what i think about this so good luck and have a safe trading
Comments
Trader_Dale
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I agree with your long setup. I think there is one more significant support though. Have a look:
Best of luck mate and thanks for your analysis!
ZainSaeed
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@Trader_Dale, your chart is looking great thankx for this great chart good luck
Trader_Dale
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@ZainSaeed, thanks very much mate! did you also tried market profile? they have it here in the trial of PRO service. (14 day free I think).
ZainSaeed
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@Trader_Dale, i did't get your point where is trail version ?
Best of luck mate and thanks for your analysis!