AkashGaur
Short

AUDUSD Break of ascending channel

FX:AUDUSD   Australian Dollar / U.S. Dollar
210 1 6
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.
Comment:
Reversal pattern with divergence

Daily close to being overbought
Comment:
Comment:
Daily and 4 hour overbought along with having divergences. Also reversal pattern formed. Can be a very good selling opportunity
Trade closed: target reached: All targets hit


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
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
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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