Inizia
itsjustanalysis

AUDUSD Short based on high levels of some technicals.

Short
Dollaro australiano / Dollaro (OANDA:AUDUSD)  
itsjustanalysis Aggiornato   
OANDA:AUDUSD   Dollaro australiano / Dollaro
Trend Analysis Chart Patterns AUDUSD forextrading Forex shortsetup
5
0
trendanalysis chartpattern audusd forextrading forex shortsetup
There is a nice firm rejection candlestick on the 27th followed by a weak bullish candle on the 28th. Double top also on the daily. The OBV show lower high and has been testing it's EMA, momentum looks like it is weakening. RSI is in overbought territory and looking to start moving down. MACD remains very elavated at these levels.
Trade attivo:
We are down from the open. Hourly is showing some consolidation with the Lagging Span (Chikou Span/Black Line) right in the cloud with the Tenkan-Sen (Conversion Line/Green Line) and Kijun-Sen (Base Line/Red Line). RSI is neutral, fast MACD crossing the 0 line with the slow line slopping towards the 0 line. OBV is also down.
Trade attivo:
Trade attivo:
My renko chart is showing a clear breakdown of price tonight. A combination of the fundamental news release and these overbought areas are primer for a push down. We'll see though.
snapshot
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.