DeGRAM | AUDUSD broke ascending channel Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Feb 16, 2023 10:16 AM

AUDUSD recently made a false break by printing pinbars .

The price is likely to test the resistance zone since the price broke and closed below the ascending channel.

The market is consolidating on the 4H timeframe following a sell off.

We expect a bearish move.

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Share your opinion in the comments and support the idea with a like. Thanks for your support!

Comments

FOREXN1

⋅ Feb 17, 2023 11:40 AM

Agree , good one. Same Bias !

Rockqet

⋅ Feb 17, 2023 5:02 AM

Hi there I agree with your bearish idea on AUDUSD. I'm looking to sell and looking to taking profit at 0.67542, where the 78.6% Fib line is. Feel free to check out my idea here:

AkhiPrajapati

⋅ Feb 17, 2023 1:12 AM

Keep th coming

TheTradersAvenue

⋅ Feb 16, 2023 10:23 PM

perfect, keep going

ArmanShabanTrading

⋅ Feb 16, 2023 4:56 PM

solid work mate.

Setupsfx_

⋅ Feb 16, 2023 4:27 PM

Top work mate thank you

MonoCoinSignal

⋅ Feb 16, 2023 4:02 PM

Great details

theCrypster

⋅ Feb 16, 2023 3:59 PM

Knowledge and experience coming through right here! 🔥🔥

KlejdiCuni

⋅ Feb 16, 2023 1:30 PM

I like the details that you have shared. Thanks

JoeChampion

⋅ Feb 16, 2023 12:23 PM

Nice view on AUDUSD mate!