Weekly Chart:
Bearish Engulfing Patter
Daily Chart:
Closed lower than Open Price of Last week.
Potential for a short position
Bearish Engulfing Patter
Daily Chart:
Closed lower than Open Price of Last week.
Potential for a short position
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Be patient! The bull fought back pretty well at this level.
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I moved in our favor.
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Weekly Chart: Price has been rejected at key resistance 0.74493 => It is still bearish.
But this week we need to be careful because AUDUSD approaching the uptrend line.
But this week we need to be careful because AUDUSD approaching the uptrend line.
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Corrected typo mistake: Key resistance @ 0.77493
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Sorry I put the chart AUDUSD in AUDJPY article.
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Weekly Chart:
Price has been rejected at key resistance 81.798 => It is still bearish.
Price has been rejected at key resistance 81.798 => It is still bearish.