AUD/USD can still be bearish
Hi every one
AUD/USD
The AUD/USD has been in a rising wedge pattern for a long time (the pattern is in weekly time frame) but recently this pattern has been broken downward. There is also a regular bearish divergence (-RD) on both MACD and RSI indicators as well which strenghten the bearish movement. So the bearish movement is only on it's beginning and the bearish movement can continue.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Our more recent analysis of AUD/USD :
AUD/USD
The AUD/USD has been in a rising wedge pattern for a long time (the pattern is in weekly time frame) but recently this pattern has been broken downward. There is also a regular bearish divergence (-RD) on both MACD and RSI indicators as well which strenghten the bearish movement. So the bearish movement is only on it's beginning and the bearish movement can continue.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Our more recent analysis of AUD/USD :
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t.me/CobraVanguard
📥┃Premium trading experience with COINCALL
coincall.com/r/47022631
📥┃Join the platform where I trade and receive up to a $500 welcome reward! coinex.com/register?refer_code=n8fmk
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