FX:AUDUSD   دولار أسترالي/ دولار أمريكي
Looing at this pair from the Monthly TF i noticed we're in a bearish momentum after noticing the market making LH and LL and i noticed how the market keeps respecting Major Monthly support which is now turned resistance, i won't overlook the fact that the previous Monthly candle closed as an Hammer but i'm still bearish as we're obviously in a bearish momentum and also from analyzing DXY i've got bearish bias on that which is more confluence for my bearish bias.
Going down to the Weekly TF i observed the Weekly Candle closed as a bearish engulfing and also closed below Weekly support now turned resistance. Looking at the Daily TF i can see the market starting to make LH and LL's and my 9 and 21 EMA's are both in confluence with my bias so i'm bearish all the way on this pair with my TP1 @ O.6850, TP2 @ 0.6770 and TP3 @ 0.6635 which is my Monthly TP

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.