AUDUSD Short opportunity
AUDUSD December cycle projection -
[Mark down]
confluences- M pattern broken + M pattern on GBPUSD and NZDUSD , 3 levels to the upside completed, imp- Gold stop hunt to the ATH followed by high stopping volume + Half bat man pattern+ AUDUSD daily Red vector candles, 3H divergence, broken the 4H 50 ema support.
more confluence- [from GBPUSD & Gold chart]
GBPUSD has completed 3 levels to the upside ""WITH EXACT 30 DAYS"" (30 days 1H cycles are common which further validates its time for a new mark down cycle)
Gold stop hunt after the level 2 rise and currently going for 1H mark down cycle as a potential retrace (note- this retrace can become a new 4H mark down cycle)
[Mark down]
confluences- M pattern broken + M pattern on GBPUSD and NZDUSD , 3 levels to the upside completed, imp- Gold stop hunt to the ATH followed by high stopping volume + Half bat man pattern+ AUDUSD daily Red vector candles, 3H divergence, broken the 4H 50 ema support.
more confluence- [from GBPUSD & Gold chart]
GBPUSD has completed 3 levels to the upside ""WITH EXACT 30 DAYS"" (30 days 1H cycles are common which further validates its time for a new mark down cycle)
Gold stop hunt after the level 2 rise and currently going for 1H mark down cycle as a potential retrace (note- this retrace can become a new 4H mark down cycle)
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.