WHAT I'M LOOKING FOR
Price action has broken out to the upside & is currently holding at a previous level of structure resistance here on the $AUDUSD.
MY PREDICTION
Based on the candlesticks that have been produced at this level I'm predicting a brief period of relief which opens up the opportunity for a bearish counter-trend structure trade. If we do reverse at this level I would predict price to retest the previous (inside) level of structure resistance that should now act as potential support
HOW TO GET INVOLVED
Price has currently put in 2 Doji candles followed by a lower low & a lower close candle. This in itself is a good (and aggressive) reason for entry. The only concern that I have (in my personal trading) is that I am unable to get a quality risk reward.
If you have any questions, comments, or just want to share your views, please do so below!
Akil
Price action has broken out to the upside & is currently holding at a previous level of structure resistance here on the $AUDUSD.
MY PREDICTION
Based on the candlesticks that have been produced at this level I'm predicting a brief period of relief which opens up the opportunity for a bearish counter-trend structure trade. If we do reverse at this level I would predict price to retest the previous (inside) level of structure resistance that should now act as potential support
HOW TO GET INVOLVED
Price has currently put in 2 Doji candles followed by a lower low & a lower close candle. This in itself is a good (and aggressive) reason for entry. The only concern that I have (in my personal trading) is that I am unable to get a quality risk reward.
If you have any questions, comments, or just want to share your views, please do so below!
Akil
Next Training Event - August 28th
training.tieronetrading.com/30-min-training-page1753450307487
Podcast
anchor.fm/thetradingcoachpodcast
Free Computer Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
training.tieronetrading.com/30-min-training-page1753450307487
Podcast
anchor.fm/thetradingcoachpodcast
Free Computer Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Next Training Event - August 28th
training.tieronetrading.com/30-min-training-page1753450307487
Podcast
anchor.fm/thetradingcoachpodcast
Free Computer Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
training.tieronetrading.com/30-min-training-page1753450307487
Podcast
anchor.fm/thetradingcoachpodcast
Free Computer Guide
tradingcomputerbuyersguide.com/optin-629312741738938873920
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.