Currency Pair : AUDUSD
Possible direction : Bearish
Multiple-timeframe Analysis : Daily : Price has broken out of 2 daily candles high and grabbed liquidity
Monthly: There is strong rejection from 2 monthly resistance level.
Weekly: Price has formed strong weekly doji and price may test the half wick and possible drop.
4H: In this timeframe price grabbed liquidity 2 times from important level of resistance and price may continue to drop to the support level to the direction of the trend.
Possible trade recommendation : Bearish as per chart sketch
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Possible direction : Bearish
Multiple-timeframe Analysis : Daily : Price has broken out of 2 daily candles high and grabbed liquidity
Monthly: There is strong rejection from 2 monthly resistance level.
Weekly: Price has formed strong weekly doji and price may test the half wick and possible drop.
4H: In this timeframe price grabbed liquidity 2 times from important level of resistance and price may continue to drop to the support level to the direction of the trend.
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
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bit.ly/342slNF
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YOUTUBE CHANNEL
bit.ly/3GmqN1E
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FREE TELEGRAM
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.