Hello Everyone! Hope you start the week with profit, or no loss :)
So, AUDUSD
1. Channel: Hitting the top line
2. Old Support line that became resistance and the pullback
3. EMA: Bearish and right on top of the price
4. Oscillator: Overbought area
5. we have also a supply zone above
Summary: its looks we are at the end of correction and going to start new drop impulse
And like always: I'll be happy to read your opinion and ideas, Remember, we are speculators, not investors ;)
So, AUDUSD
1. Channel: Hitting the top line
2. Old Support line that became resistance and the pullback
3. EMA: Bearish and right on top of the price
4. Oscillator: Overbought area
5. we have also a supply zone above
Summary: its looks we are at the end of correction and going to start new drop impulse
And like always: I'll be happy to read your opinion and ideas, Remember, we are speculators, not investors ;)
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.
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.