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
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out