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AUDUSD: Update 2 - The Bears Are Getting Stronger

Short

Australian Dollar / U.S. Dollar (FX:AUDUSD)

FX:AUDUSD Australian Dollar / U.S. Dollar

2710 views

In the beginning, the price broke down from the bearish flag and now we can see also a big bearish engulfing candle that is adding more confirmation to our bearish scenario.

Targets:
0.7645
0.7584

Thank you and Good Luck!

Previous idea:

Comment: The price is ready to break the low.
Stops at break-even as the trade should be nearly +100 points

Trade closed: target reached:

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Comments

thanks brother, I always follow your analysis

John0Carter

@John0Carter, You're welcome. Thank you as well for your support:)

great analysis

Gayel

@Gayel, Thanks buddy!

I'm new on trading view. how can I trade

GraceofGod22

@GraceofGod22, You should learn first.

Buy @ 0.77389, should out?

good i dead

Very nice analysis!

fbngrgt

@fbngrgt, Thanks