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Vindictaofx
8 Haz 2023 16:08

AUDUSD Weekly to the upside .7000  Alış

Australian Dollar/U.S. DollarFXCM

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As per usual posting a longer term chart so take that into account. I think a pattern here in what should be an eventual break to the upside, id like to see .700 and higher in the future. but will settle at .700 for now. Please have some type of confirmation on the break out, whether a retest up top or a overthrow to the bottom. As always, leave lots of space for wiggle room on the weekly.

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Right on target so far

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Closed a little more than half position here. Stops well in profit regardless of the next move trade was a success
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mutizen99
overbaught already
Vindictaofx
@mutizen99, overbought doesn't hold water in FX trading. Can be overbought or oversold depending on time frames across the board. One of the million reasons I have been using 0 indicators for more than 15 years.
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