Hello Everyone! Hope you start the week with profit, or no loss :)
So, AUDUSD
1. Channel: Hitting the top line
2. Old Support line that became resistance and the pullback
3. EMA: Bearish and right on top of the price
4. Oscillator: Overbought area
5. we have also a supply zone above
Summary: its looks we are at the end of correction and going to start new drop impulse
And like always: I'll be happy to read your opinion and ideas, Remember, we are speculators, not investors ;)
So, AUDUSD
1. Channel: Hitting the top line
2. Old Support line that became resistance and the pullback
3. EMA: Bearish and right on top of the price
4. Oscillator: Overbought area
5. we have also a supply zone above
Summary: its looks we are at the end of correction and going to start new drop impulse
And like always: I'll be happy to read your opinion and ideas, Remember, we are speculators, not investors ;)