AUD/USD Analysis 1H
The price has broken above the resistance zone in gray and is now forming a triangle pattern.
✅ My idea:
If the price continues to rise, the first target is the red resistance zone, followed by the second resistance in the green zone.
Using the measurement from the bottom of the triangle to its top, the green zone aligns with the projected target.
🚨 Plan:
Wait for confirmation before entering to avoid false moves. Manage your risk with appropriate stop-loss levels.
👉 Follow me for more updates and trading ideas!
✅ My idea:
If the price continues to rise, the first target is the red resistance zone, followed by the second resistance in the green zone.
Using the measurement from the bottom of the triangle to its top, the green zone aligns with the projected target.
🚨 Plan:
Wait for confirmation before entering to avoid false moves. Manage your risk with appropriate stop-loss levels.
👉 Follow me for more updates and trading ideas!
WiVERIDERS
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.
WiVERIDERS
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.