AUD / USD 0.72010 -0.12 % SHORT IDEA * CONTINUATION PATTERNS
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HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE AUD / USD PAIR.
* The PAIR is currently trading in an ascending channel but seems the channel now consolidating in a descending channel within this structure.
- Short term the pair has currently entered a down trend as WE break bellows on the 4h chart entering a descending structure.
- currently at supply zone looking for a break below of this zone, for confirmations possible retest depending on the momentum.
- Looking for SHORT entries on the pair this week should all the rules of the formation be met.
lets see how it goes
PREVIOS SETUP
https://www.tradingview.com/chart/AUDUSD/PgCqFum5-AUD-USD-0-71840-0-04-SHORT-IDEA-CONTINUATION-PATTERNS/
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE AUD / USD PAIR.
* The PAIR is currently trading in an ascending channel but seems the channel now consolidating in a descending channel within this structure.
- Short term the pair has currently entered a down trend as WE break bellows on the 4h chart entering a descending structure.
- currently at supply zone looking for a break below of this zone, for confirmations possible retest depending on the momentum.
- Looking for SHORT entries on the pair this week should all the rules of the formation be met.
lets see how it goes
PREVIOS SETUP
https://www.tradingview.com/chart/AUDUSD/PgCqFum5-AUD-USD-0-71840-0-04-SHORT-IDEA-CONTINUATION-PATTERNS/
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
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