Why I Think AUDUSD May Continue To Sell
Hey Rich Friends,
I think AUDUSD has the potential to continue to sell, here is what I am looking at:
- Candles entering and rejecting the supply zone
- Momentum is low but not yet below 0
- STOCH facing down, no longer overbought and the orange line is above the blue line.
Pending orders are recommended. SL will be above a previous high and TP below previous lows. Check the news and be mindful of NFP Week.
- Peace and Profits, Cha
I think AUDUSD has the potential to continue to sell, here is what I am looking at:
- Candles entering and rejecting the supply zone
- Momentum is low but not yet below 0
- STOCH facing down, no longer overbought and the orange line is above the blue line.
Pending orders are recommended. SL will be above a previous high and TP below previous lows. Check the news and be mindful of NFP Week.
- Peace and Profits, Cha
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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.