AUDUSD,price formed Bearish Engulfing, sell trade for 85+ pips..
Please Support this Idea with LIKE if it is Useful....
AUDUSD
The price is below Support/resistance level ,after a pullback If price shows rejection from the level I expect the price to continue lower,wait for the price to make a pullback if price gives any bearish signal then look for sell opportunity...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AUDUSD
The price is below Support/resistance level ,after a pullback If price shows rejection from the level I expect the price to continue lower,wait for the price to make a pullback if price gives any bearish signal then look for sell opportunity...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
