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TheTradersAvenue
May 25, 2022 1:03 PM

AUDUSD > The Best Place for A Sell.. Short

AUD/USDOANDA

Description

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Analysis of #AUDUSD


AUDUSD broken trend line support after the market made a strong top as laid out on the chart, now I am looking for classic broken trend line entry if and when the market makes a retracement to test trend line again which also a Fib 0.618 level which will make a good entry with a stop just above the top targeting the next level of support.

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Comments
VasilyTrader
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Great charting style, thank you!
ProSignalsFx
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100% agree with you mate!
TopTradingSignals
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Yes, same opinion!
AtlasTrades
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great lovely buddy, I think Aud/Usd will go down
TheTradersAvenue
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@AtlasTrades, thanks buddy
UnknownUnicorn15614419
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Keep up the good work.
Solldy
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Very interesting opinion, but I don't think such a move is possible right now. I expect that the price now tends to go the other way to collect liquidity.
FOREXN1
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Same view , thanks for sharing !
ProjectSyndicate
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nice setup worth the risk!
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