AUDUSD 5/11/2021 Analysis
after some cooling off and profit taking, reaccumulation has occurred off the daily and price has broken out of a supply zone previously created in the consolidation. as price pullsback to the tops of the shoulders, while a pull back to the bottom of the channel would also be a reasonable but less likely possibility, expect a very bullish movement from the bottom of the fib channel to the .50 channel area before retracing.
Catatan
Edit:As AUDUSD has currently broken outside of the Bullish Fib channel we will look for how it acts in its retracement. As we have seen such a big move it will take time for distribution and accumulation to reoccur which I will be watching closely
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.