AUDUSD SHORT OPPORTUNITY
Hello Everyone!
How are you all?
AudUsd is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a sell continuation because of the following reasons:
1. The overall trend is Bearish
2. The price has formed a continuation structure.
3. The price is approaching correctively to the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, will look for a risk sell entry within the structure.
How are you all?
AudUsd is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a sell continuation because of the following reasons:
1. The overall trend is Bearish
2. The price has formed a continuation structure.
3. The price is approaching correctively to the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, will look for a risk sell entry within the structure.
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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.
Related publications
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.