AUDUSD gets a clear verdict from Ichimoku … the week of 05 Aug,

3 thg 8

First of all, if you expect that every trade will be a winner, please move on. Don’t even bother to read this analysis.

On the daily time frame, Ichimoku Kinko Hyo screams … bearish!! Here is why:
Future cloud – bearish
Price broke out of the cloud to the down side - bearish
Tenkan Sen cross below Kijun Sen – bearish
Tenkan sen pointing to the down side - bearish
Chikou span is below price and the cloud – bearish
Expect some resistance/stalling at the 0.6450 area.

This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros

3 thg 8

Ghi chú

Sorry something was wrong with this chart - the red candles are bullish while the white ones are bearish.

4 thg 8

Ghi chú

Here is the correct chart

5 thg 8

Đã hủy lệnh

Global sell off, stocks, US$, Commodities etc.
This trade is cancelled.