AUDUSD Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We have spotted some consolidation at this high on AU with the trend clearly being overall very bullish.
Ideally, we’re looking to continue with this bullish trend and enter long on a bullish break of this ascending triangle pattern. Look to enter long on a convincing break or wait for a retest of the pattern.
Trade scenario 2: If we’re to look short on AU we would need to see a break below 0.75000 with a confirmed lower high below.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We have spotted some consolidation at this high on AU with the trend clearly being overall very bullish.
Ideally, we’re looking to continue with this bullish trend and enter long on a bullish break of this ascending triangle pattern. Look to enter long on a convincing break or wait for a retest of the pattern.
Trade scenario 2: If we’re to look short on AU we would need to see a break below 0.75000 with a confirmed lower high below.
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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.
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.