Since the beginning of the month we have seen an increase in AUDUSD.
There was a break in the uptrend this week.
There is still no break of the previous bottom, but if we now see a decline below 0.7720, we can expect a downtrend.
The initial target down will be 0.7607!
Entry can be made only after a definite break of the previous bottom, as well as in a test after the break!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
There was a break in the uptrend this week.
There is still no break of the previous bottom, but if we now see a decline below 0.7720, we can expect a downtrend.
The initial target down will be 0.7607!
Entry can be made only after a definite break of the previous bottom, as well as in a test after the break!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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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.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.