AUD/USD reaching big Supply Zone. Short.
Audusd price are rising towards the next supply, which coincides with an SNR zone from a higher timeframe.
Expecting for a major move towards downtrend afterwords.
Expecting for a major move towards downtrend afterwords.
Trade active
As predicted, the price reached the overlap area of two Supply zones and continues to drop. Will be keeping an eye on Daily close to determine if it is still bullish bias pattern.Trade closed manually
Market is still bullish bias.
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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.