AUDUSD analysis, price close to trendline resistance,sell setup
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AUDUSD
The price is close to Support/resistance level,if price breaks the support after a pullback If price shows rejection from the level I expect the price to continue lower,wait for the price to make a pullback if price gives any bearish signal then look for sell opportunity...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AUDUSD
The price is close to Support/resistance level,if price breaks the support after a pullback If price shows rejection from the level I expect the price to continue lower,wait for the price to make a pullback if price gives any bearish signal then look for sell opportunity...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
