AUDUSD 1D 375pip BUY!!! For week starting 29th March 2021
Hello I'm new so please suggest any improvements / indicators I could include in my analysis to improve it.
Quite a simple one really, plenty of hidden bullish divergence and price is consolidating / ranging in a 400 pip range, we're hoping to catch this buy back up to the top again but if it doesn't go all the way it will at least reach TP1 so make sure you get your stop loss at break even.
Macd and stochastic both correlating nicely which is a good sign as always and price is at a double bottom on a support resistance so we can definitely expect a buy as we haven't been this low in a while.
Have a good weekend everyone
Vince / Vmoney
Quite a simple one really, plenty of hidden bullish divergence and price is consolidating / ranging in a 400 pip range, we're hoping to catch this buy back up to the top again but if it doesn't go all the way it will at least reach TP1 so make sure you get your stop loss at break even.
Macd and stochastic both correlating nicely which is a good sign as always and price is at a double bottom on a support resistance so we can definitely expect a buy as we haven't been this low in a while.
Have a good weekend everyone
Vince / Vmoney