ceoajones

Moving Average and Bollinger Bands Confluence

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
The 8 SMA and BB have may crossover at a daily resistance level ( buy at the the close of the retest). Market may break Monthly trendline ( buy at break of trendline)

AUDUSD Crossing 0.76709
Buy on the break of trend line
Sell on rejection

AUDUSD Crossing .75990-.76000
Buy on the retest of the daily resistance level
Sell on the break of middle Bollinger Band
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