AUDUSD - Now is a better time to consider getting Long.
As per my previous suggestion, AUDUSD has pulled back. Longer term I am an AUD Bear. But for a short term swing this area may work on the lons side.
Based on what I am currently looking at:
1) Oscillators Exhausted and Divergent
2) Price within UpTrend Buy Zone (Lower Bound Rising Channel)
3) Price Holding Previous Weeks Low
4) Price Completed AB=CD Pullback (in Minor Falling Channel)
So, wait for 4 or 12hr positive close to initiate new longs. Previous weeks low (with X*ATR added) is your risk.
Price needs to clear Previous Months Low @ .7625 and then .7640 area which currently corresponds to the falling 100EMA (12hr=50Day)
Based on what I am currently looking at:
1) Oscillators Exhausted and Divergent
2) Price within UpTrend Buy Zone (Lower Bound Rising Channel)
3) Price Holding Previous Weeks Low
4) Price Completed AB=CD Pullback (in Minor Falling Channel)
So, wait for 4 or 12hr positive close to initiate new longs. Previous weeks low (with X*ATR added) is your risk.
Price needs to clear Previous Months Low @ .7625 and then .7640 area which currently corresponds to the falling 100EMA (12hr=50Day)
İlgili yayınlar
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.
İlgili yayınlar
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.