sajastu

Possible Setup for AUDUSD --short

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Hi Traders!

I think the pair is in the correction form of the previous Impulse and is making the C leg of (ABC) pattern now. In addition, we have seen a major breakout from the ascending triangle downside. The pair has also re-tested the resistance line, so there' might be a signal to sell toward our targets.

Safe trading!
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.