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SimoneSiesto
Jul 18, 2017 6:40 AM

Aussie is a buy Long

Australian Dollar/U.S. DollarFXCM

Description

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
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