Dolar Australia / Dolar A.S.Singkat
AUD/USD - A Flush In Disguise
As meaningful as it may be, I am certainly wary and adamant of going against the dollar in the long-term.
With that being said, the horizontal support and resistance were filled with emphasis on the candlestick's closing at the > highest tick volume.
Hence, the research inferred me to scale the portfolio into a short-term "Short: AUD/USD" as the range breakout might came to fruition at the expense of a false breakout as AUD/USD proceeds to test the lower range of the support illustrated on the chart attached.
Trade duration: 1 - 2 weeks.
Risk: Low
Cut Loss: A close above the range prior to Friday's market closing would automatically set the cut-loss strategy into fruition.
With that being said, the horizontal support and resistance were filled with emphasis on the candlestick's closing at the > highest tick volume.
Hence, the research inferred me to scale the portfolio into a short-term "Short: AUD/USD" as the range breakout might came to fruition at the expense of a false breakout as AUD/USD proceeds to test the lower range of the support illustrated on the chart attached.
Trade duration: 1 - 2 weeks.
Risk: Low
Cut Loss: A close above the range prior to Friday's market closing would automatically set the cut-loss strategy into fruition.
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.
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.