Andre_Cardoso

(D) Double top // Broken Neck // Support // 61.8% retrace // ®

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD

As published before, we have a double top, followed by a broken neck, found support @0.68261$, 61.8% retracement, (zone) - This forges a 2618 bearish trade setup; (check link below)
We have structure, an ascending wedge, wait the eventual breakout, the correction of that impulse, eventually it will test previous trend line acting as support (resistance after the breakout), search for divergence, sell it...
(until this moment the price still respecting the structure, i'm following this pair in lower time frames);

Safe Trades;
open.spotify.com/tra...zq022rlhVIAMT5mKHrL9

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.