AUDUSD - Bears Taking Over
Chart: 1HR Time Frame
Market: Bullish Trend
1. High test candlestick evident on daily chart below key 0.7600 area
2. 14th of March Candle open gaps down
3. Price Rejects 0.75200 area (evident by blue circles)
4. 1HR bear candle high above 50 EMA, open and close below 50 EMA
Market: Bullish Trend
1. High test candlestick evident on daily chart below key 0.7600 area
2. 14th of March Candle open gaps down
3. Price Rejects 0.75200 area (evident by blue circles)
4. 1HR bear candle high above 50 EMA, open and close below 50 EMA
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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.