AUD/USD On a Critical Zone by ThinkingAntsOk
🔸 DAILY CHART EXPLANATION:
.
.
🔸 Price is on a strong Uptrend and now it is facing the Resistance Zone.
.
🔸 In case price bounces, it can make a downside move towards the Support Zone, however, we will wait for a breakout of the Ascending Trendline first.
.
🔸 And, in case price breaks the Resistance Zone, then the target of the movement will be the Descending Trendline.
.
🔸 Will look for a lower timeframe setup when the direction is clear.
🔸 4H CHART ANALYSIS:
.
.
🔸 Price is on a strong Uptrend and now it is facing the Resistance Zone.
.
🔸 In case price bounces, it can make a downside move towards the Support Zone, however, we will wait for a breakout of the Ascending Trendline first.
.
🔸 And, in case price breaks the Resistance Zone, then the target of the movement will be the Descending Trendline.
.
🔸 Will look for a lower timeframe setup when the direction is clear.
🔸 4H CHART ANALYSIS:
Declinazione di responsabilitÃ
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.