Fxtoronto
Short

AUDUSD Break of ascending channel

FX:AUDUSD   Australian Dollar/U.S. Dollar
170 1 6
3 months ago
Hello, here we have a possible short setup on the pair. As we can see that the ascending channel is broken and has been successfully retested, i still believe that there will be a longer consolidation on the pair considering the daily is far from overbought conditions and the 4 hour is rising as well and not in the overbought zone.
snapshot
2 months ago
Comment:
snapshot

Reversal pattern with divergence
snapshot

Daily close to being overbought
2 months ago
Comment:
snapshot
2 months ago
Comment:
snapshot

Daily and 4 hour overbought along with having divergences. Also reversal pattern formed. Can be a very good selling opportunity
IG @fxtoronto
Twitter @fx_toronto
Tradingview @fxtoronto
DM for coaching
Wave-Expert PRO
2 months ago
snapshot


COULD GO UP/DOWN !! depends on price action at trend line, RSI on 4h is oversold....it can make one more up down, before finally pierce through trendlines
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out