AUDUSD recently retraced at resistance, which is an indication of a trend pause.
Price is in a bearish trend on the 4-hourly chart. However, we have price deceleration on the D chart.
The market broke and closed above the support level that became resistance. It retested the level and rebounded from it.
We expect a breakout pullback and continuation trade.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Price is in a bearish trend on the 4-hourly chart. However, we have price deceleration on the D chart.
The market broke and closed above the support level that became resistance. It retested the level and rebounded from it.
We expect a breakout pullback and continuation trade.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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.
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.