AUDUSD Analysis 30/6/19
Updated
H4 Chart
D1 Chart
30/6/19
Daily bearish trend yet to be broken (price did not break previous high) even though price made double bottom.
Double bottom near weekly now also daily support.
IF price break previous high of the double bottom, potential 36p movement towards the trendline and nearest resistance.
Looking for SELL setup within yellow zone, SELL setup VOID if price breaks the resistance area & trendline.
(IF this happen, look for BUY setup)
D1 Chart
30/6/19
Daily bearish trend yet to be broken (price did not break previous high) even though price made double bottom.
Double bottom near weekly now also daily support.
IF price break previous high of the double bottom, potential 36p movement towards the trendline and nearest resistance.
Looking for SELL setup within yellow zone, SELL setup VOID if price breaks the resistance area & trendline.
(IF this happen, look for BUY setup)
Note
CorrectionDaily bullish trend. Not bearish.
Note
Scalp SELL before adding BUY towards the swing trade
Trade closed: target reached
RR 2.7
Note
AFTERH4
D1
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