Dolar Australia / Dolar A.S.Singkat
Its gone, far... far... gone...
This setup is base on the following price confluences.
1. Downtrend on monthly chart candle and weak economics of AUD.. where the commodities price getting hit by USD strength.
en.wikipedia.org/wiki/Economy_of_Australia
2. Strength of USD also amplify the drop. (Please check related idea for USD strength status)
Setup configuration ::
[ SHORT @ 0.8000 ] (As point by Blue box)
This number come from many previous week price support/resistance as indicated by RED arrows.
[ STOP @ 0.8200 ] (As point by RED box)
This number come from the last peak (before it create a new Lower-Low)
( If price go above this level it mean there is not down trend anymore. and short positions should be exited)
[ TARGET 1 @ 0.6000 ]
This number come from price support around late 2008. ( As point by orange arrow. )
1. Downtrend on monthly chart candle and weak economics of AUD.. where the commodities price getting hit by USD strength.
en.wikipedia.org/wiki/Economy_of_Australia
2. Strength of USD also amplify the drop. (Please check related idea for USD strength status)
Setup configuration ::
[ SHORT @ 0.8000 ] (As point by Blue box)
This number come from many previous week price support/resistance as indicated by RED arrows.
[ STOP @ 0.8200 ] (As point by RED box)
This number come from the last peak (before it create a new Lower-Low)
( If price go above this level it mean there is not down trend anymore. and short positions should be exited)
[ TARGET 1 @ 0.6000 ]
This number come from price support around late 2008. ( As point by orange arrow. )
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.