A trend trade opportunity on AUDUSD
Last week we've had a clear downside move on AUDUSD.
Right now it looks like this move will continue and we're looking for a possible entry.
This could happen later on today.
We could consider a candlestick pattern formation inside of the zone as a good confirmation and this will give us our entry signal.
We're expecting another downside push and price breaking below the previous low.
The next support level is at 0,7430!
Don't forget that there is a Powell speech today!
Right now it looks like this move will continue and we're looking for a possible entry.
This could happen later on today.
We could consider a candlestick pattern formation inside of the zone as a good confirmation and this will give us our entry signal.
We're expecting another downside push and price breaking below the previous low.
The next support level is at 0,7430!
Don't forget that there is a Powell speech today!
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.