Roker1
Long

Reversal pattern on AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
Hi guys,

here we are, looking at AUDUSD             and searching for a reversal pattern on lower timeframes. That's because this pair has reached a key structure level on the daily timeframe and that makes me believe we could see a rally off of that level. Of course, i want to have additional confirmation before entering a trade and here you can see a small period of consolidation followed by a break of structure to the opposite direction. Plus, we have RSI divergence on both 4hr and daily timeframe , along with an engulfing candle on the 4H. This gives me enough proofs to enter a trade, with stops below the low and targets as shown.

If you have questions/ideas, feel free to share down below.
Otherwise, see you in the next chart!
Trade closed: stop reached
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out