AUD/USD confirms a b...from CLOVER GOLD FX

25 Feb 2025, 22:26 · Views 98

AUD/USD confirms a bearish wedge, signaling further downside as USD strength persists amid geopolitical tensions and trade uncertainties. While minor pullbacks are possible, the broader trend favors sellers unless sentiment shifts. Traders should watch for key technical levels and any Fed signals that could impact momentum.

Edited 25 Feb 2025, 22:27

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Reply 0

Leave Your Message Now

CLOVER GOLD FX

257 Posted · 61 Followers

AUDUSD on the 4hour chart is showing a clear ascending flat support structure that has been respected multiple times indicating strong buyer interest at lower levels the recent corrective pattern has completed its abc formation suggesting the potential beginning of a bullish impulse the market is now reacting from the support zone aiming toward the highlighted resistance area where sellers may attempt to regain control as long as price remains above the ascending trend line the overall sentiment stays bullish and a continuation toward the upper resistance zone is likely

CLOVER GOLD FX

XAUUSD on the 4H is compressing inside a clean symmetrical triangle after completing a corrective structure where price respected both trendlines perfectly showing strong buildup of pressure as buyers continue to defend higher lows while sellers cap the highs and this type of consolidation often leads to an explosive breakout with momentum favoring an upside continuation if price holds above support and confirms a bullish break and retest toward the upper trendline opening the path for a measured expansion move toward the next major resistance area while risk remains defined below the triangle base.

CLOVER GOLD FX

Price continued its move lower to complete the final leg of this corrective phase. Right now, we’re tracking the last wave of a (w)-(x)-(y) complex correction, likely finishing soon near the lower trendline support. Once Wave (c) of (y) is complete, the next move should be impulsive and that’s where opportunity exists. ✅ Here’s what to focus on: 🔹 Corrections are designed to shake traders out 🔹 Impulsive moves follow when sentiment is weakest 🔹 Patience here is your real weapon Most traders panic at the end of Wave 4… …but disciplined traders prepare for Wave 5. 🚀 Don’t force trades during the correction. Let the structure finish then execute with a plan.

CLOVER GOLD FX

New Update: This is not a call. Please make sure to add it to your watchlist and monitor closely for potential opportunities in the coming days.

CLOVER GOLD FX

US oil on the 4 hour chart is showing a descending channel pattern where price is moving between two parallel trendlines forming lower highs and lower lows after completing a five wave impulsive structure the current movement appears to be a corrective phase targeting the 61.8% retracement level the overall momentum remains bearish as price continues to respect the upper resistance trendline if price breaks below the channel support it could confirm continuation toward the next key Fibonacci extension level indicating further downside pressure while any rejection from the lower boundary might lead to a short term pullback before the next major move.

CLOVER GOLD FX