AUDUSD - Bull set up - Long Term
- the price is arrived on very hard buy area
- probably end the Wave C
- COT report signed an increase of long position in the last week
- momentum are in divergence vs the price action
I will open a long position after retest of support area
Stop under 0,76
- the price is arrived on very hard buy area
- probably end the Wave C
- COT report signed an increase of long position in the last week
- momentum are in divergence vs the price action
I will open a long position after retest of support area
Stop under 0,76
Comment:
probably from 0,774 second long impulsive wave
stop under 0,77
stop under 0,77
Now I will attend the next move of price.
Attention could be a big rebound from 0.78