Olu
Short

AudUsd: Looking Lower...

FX:AUDUSD   Australian Dollar/U.S. Dollar
86 1 9
Comments on the chart.
Bearish divergence
Trendline support breakdown
Stochastics turndown
Comment: Price has broken down below the trendline yes however we need to allow for the principle of 'break and retest' so stops cannot be moved yet
Comment: Triple top anyone?
Comment: Price recevered more than expected negating this idea. I will be posting another idea though with a view of the market doing a complex EW retracement move up i.e a WXY move up which should give way to an impulsive move down
Correct trade idea. Thumb up
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out