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alcaedad
Nov 18, 2021 2:39 PM

AUDUSD LONG Long

Australian Dollar/U.S. DollarFXCM

Description

Possible upward movement of the pair. The price is currently in the lower zone of a significant trading volume area. The price has had its respective stop and has shown bullish divergences in 4 hours in the Squeeze, MACD and RSI, leaving oversold zones in the latter, accompanied by the weakness in the strength that shows in the ADX of the previous bearish movement, together A possible buy signal soon on the MACD. I think the price could be looking for the 55 EMA or even upper zone of significant trading volume.
Comments
World_Open_Forex
Same trade but different approach I think. I think it's great to see how a thousand different traders can profit off the same trade from 1,000 different angles/perspectives. I have no idea what the above is but I can appreciate your style of trading. Well done! I'm buying too. Time will tell.
alcaedad
@World_Open_Forex, Thank you very much for your interest friend. Yes, it is very interesting how everything comes together from different points of analysis, from the wonders of the market.
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