AUDUSD: Prompt setup

FX:AUDUSD   Australian Dollar / U.S. Dollar
We have potential double top formation right in the structure resist Red Zone.

As I see price is going as I assume and will enter the Red Zone the next week.
Stops go above the Red Zone and targets could be both supports.

Wish you a good trading day.
Hi , If you look 240 min chart than its take the breakout retest channel and probably you are right but as the price goes lower it would be buying opportunity I can say 0.7305 is the final stop ahead and the target is 0.7575. Hope for sucess
Hi there. Thanks for the replay. Yes you are right. I don't think price will make new lows. As the support structure is very strong and keeps lows, we may be looking for the move like this:

Thanx for your furthur input
You are welcome.
As I see Price has entered the Red Zone. I look forward the reversal the next week.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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