Get started
puruncajas23

AUDUSD going down?

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
puruncajas23  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
0
0
trendanalysis harmonicpatterns chartpattern
We see here multiple areas of confluence. We can clearly see a nice fibonacci retracement on those levels with a triple top on that resistance level. The price is below the 200MA, 50MA and is about to be below the 21 MA. The DMI is about to become bearish. And the last level I’m looking into is the mini trendline that we have.

What do you guys think of this setup?
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.