Possible Reversal & Short Trade Setup For AUD/USD On Daily Chart
Price currently trading below resistance 0.783 - 0.775 zone and RSI below overbought levels. Bearish RSI divergence plus possible bearish Gartley pattern suggests start of bearish trend to support level 0.703
From 0.703 - 0.680 ( point D - point X of the Gartley pattern ) we can look to go Long, target 1 at 0.733 and target 2 at 0.753
If price trades above 0.783 that would cancel the predicted the down trend move and the up trend would continue to 0.805
From 0.703 - 0.680 ( point D - point X of the Gartley pattern ) we can look to go Long, target 1 at 0.733 and target 2 at 0.753
If price trades above 0.783 that would cancel the predicted the down trend move and the up trend would continue to 0.805
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.