AUDUSD Swing trade 17.March.2021

velmunis Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target

Key points 💬

1️⃣Positive USD and strong DXY
2️⃣ AUDUSD Head and shoulder pattern
3️⃣ 0.78000 Acting as strong resistance
4️⃣ 0.80000 Major upper side resistance Key reversal area
5️⃣ 0.76250 March low- Barrier for the bear
6️⃣ Rising of Virus infections around the world
7️⃣ Technical support -Bear
8️⃣0.76000 will acted as key reversal-bullish
9️⃣ Series of LL LH LL Lh patterns
🔟 Possible swing target-0.75800
#️⃣ Price below the Point of control-Volume profile

b]Bearish entry #aussie #audusd

Entry price - 0.77250

Take profit 01 - 0.76500
Take profit 02 - 0.75800

🚫 Stop lose 0.78080


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Trade closed: stop reached:
Due to the weakness in USD its reached STOP lose level..lets look for alternative opportunities in this pair


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