AUDUSD recently made a double bottom support level and broke and closed below it.
The price broke and closed below the ascending channel as well, indicating a trend shift.
The market is consolidating on the 4H timeframe, and price likely will retest the support by creating an equal, measured move.
We expect a bearish move.
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The price broke and closed below the ascending channel as well, indicating a trend shift.
The market is consolidating on the 4H timeframe, and price likely will retest the support by creating an equal, measured move.
We expect a bearish move.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.