AUD/RYB|ridethemacro Building shorts.Trade Analysis based on Price Action..
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AUD gained +2.22% relative to the RUB last weekAUDRUB in Uptrend: Stochastic indicator is sitting in overbought zone for 1 day
Expect a price pull-back in the near future.
Current price 50.08 is above 48.46 the highest resistance line found by Tickeron A.I. Throughout the month of 06/17/20 - 07/18/20, the price experienced a +5% Uptrend. During
AUDRUB, Cup-and-Handle (bullish)STATUS = Confirmed
CURRENT CONFIDENCE = 61%
TARGET (EXIT) PRICE = 50.003969 RUB
BREAKOUT (ENTRY) PRICE = 49.671627 RUB
DISTANCE TO TARGET PRICE = 0.38% (19.0 pips)
EMERGED ON Jul 08, 03:00 PM (UTC)
CONFIRMED ON Jul 08, 03:00 PM (UTC)
WITH CONFIDENCE LEVEL = 72%
Tickeron AI shows that the Cup-and-
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