Sell AUDUSD Idea on 27 Feb 2024
Price overall downtrend but from context of recent prices seems price entering a huge sideways market. However price formed a small head and shoulders pattern and from past few candles back on daily price did have a large wick on upper candle showed prices have the tendency wants to go down. In future if there is any good price movement validate the head and shoulders by break below, I will participate the sells side upon the retracement.
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.