VladimirRibakov
Short

SELL PULLBACKS IN AUDUSD AFTER THE TREND LINE BREAKOUT

FX:AUDUSD   Australian Dollar/U.S. Dollar
I am yet bearish in the pair and I think best way to join is by waiting for the H4 chart to get broken down and then we can look for pullbacks near the down trend line and resistance zone around 0.7500 to sell the pair.

Technically D1 chart is already under bearish pressure due to the bearish divergence. MACD historgram is showing divergence on the H4 as well so break below the up trend line and most recent low, then correction up and we are ready to go!
piratachile
5 months ago
will go down now?
Reply
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