AUDUSD: Down Move Setup
Negatives:
There are three tops in place with a down-ward bias.
The three indicators on top are in the early phases of rolling over to the down-side.
The Ichimoku Cloud is falling.
The Ichimoku Cloud has a red border.
Chop (under chart) is in the shaded area, which indicates lack of strong trend.
What to look for:
A buy Fractal is still in place at .76714 (in rectangle).
The Ichimoku Cloud red conversion is rising, which is a positive.
I would confirm the down move with a breach of this level, which is .76420.
Good luck to you in all your trades.
There are three tops in place with a down-ward bias.
The three indicators on top are in the early phases of rolling over to the down-side.
The Ichimoku Cloud is falling.
The Ichimoku Cloud has a red border.
Chop (under chart) is in the shaded area, which indicates lack of strong trend.
What to look for:
A buy Fractal is still in place at .76714 (in rectangle).
The Ichimoku Cloud red conversion is rising, which is a positive.
I would confirm the down move with a breach of this level, which is .76420.
Good luck to you in all your trades.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.