"AUDUSD: Top and Bottom Analyisis" by ThinkingAntsOk
4H Chart Explanation:
- Price is currently on a Resistance Zone.
- Price has tested this zone 4 times before now.
- Bearish Divergence on MACD.
- If price starts the down move, potential to move down towards the Support Zone at 0,6883.
- We are looking for sell setups on lower timeframes to confirm the down move.
However, we still bull in the Middle and Long Term. Check them out!
Weekly Vision:
Daily Vision:
- Price is currently on a Resistance Zone.
- Price has tested this zone 4 times before now.
- Bearish Divergence on MACD.
- If price starts the down move, potential to move down towards the Support Zone at 0,6883.
- We are looking for sell setups on lower timeframes to confirm the down move.
However, we still bull in the Middle and Long Term. Check them out!
Weekly Vision:
Daily Vision:
