AUDUSD
Trend Analysys
Chart patern
2024-08-12T06:04:43+00:00
1. AUDUSD has demonstrated a consistent uptrend signified by Higher Highs and Higher Lows.
2. Observing the price movement leaving behind Liquidity zones (Take Profits, Stoploss, and Retest areas) suggests potential entry points for selling opportunities.
3. A notable price reaction from a major H3 Order Block, coinciding with the Bullish Vertical Trendline, provided a robust Sell Confirmation.
Recommendation: Initiate a Short position on AUDUSD.
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