SimoneSiesto

Aussie is a buy

Long
SimoneSiesto Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
With a weekly close above the previous candle, we will not have any doubt anymore about the new trend direction. It is a buy. All the indicators are confirming a bullish view. Scaling to a 4hr chart, it has been detected an increase in volumes in correspondence of a white closing marubozu. It is then suggested to open a new long trade.
Trade active:
Trading is active and it is moving upwards, as suggested. Hold on
Trade active:
I will come later with targets for our long strategy. We are just at the beginning, so keep on the long position

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.