Parallel descending channel. Tensions between Australia and China over the coronavirus will affect AUD badly since Australia heavily relies on China for its own economy. Confluence is seen across all AUD pairs. TP to the historical low.
Anmerkung
Weekly showing channel and beautiful candlestick to signal short:
Snapshot
Monthly showing S/R level:
Snapshot
Strong candles on 4H:
Snapshot
Trade ist aktiv
Sell stop from a few days ago is now active
Trade geschlossen: Stop wurde erreicht
-1%.
Snapshot
AUDNZDaudnzdshortCoronavirus (COVID-19)Supply and DemandTrend AnalysisTrend Lines

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