AUDUSD touched our buy entry and bounced perfectly, we will remain bullish for a further rise.
Buy above 81.47. Stop loss at 80.75. Take profit at 83.31.
Reason for the trading strategy (technically):
Price touched our buying entry and bounced absolutely perfectly as expected. We remain bullish above 81.47 support (Fibonacci extension, major horizontal swing low support) for a bounce up to 83.31 (Fibonacci retracement, horizontal overlap resistance). We do have to be caution of intermediate resistance at 82.56.
Stochastic (34,5,3) is seeing major support above 6% where a corresponding bounce could occur.
Buy above 81.47. Stop loss at 80.75. Take profit at 83.31.
Reason for the trading strategy (technically):
Price touched our buying entry and bounced absolutely perfectly as expected. We remain bullish above 81.47 support (Fibonacci extension, major horizontal swing low support) for a bounce up to 83.31 (Fibonacci retracement, horizontal overlap resistance). We do have to be caution of intermediate resistance at 82.56.
Stochastic (34,5,3) is seeing major support above 6% where a corresponding bounce could occur.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.