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AcstairTrader
Jan 6, 2021 1:45 PM

6 Jan - AUDUSD (US Session)Intraday trading plan --still go long Long

FX:AUDUSD15
Australian Dollar/U.S. DollarFXCM

Description

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nice line to buy because in S&R line, fibo 0.5, and weekly pivot (R1) becomes new support

Comment

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price move downward further to 0.618 fibo and testing the line, if the line hold, and good bullish candle show up, I will entry LONG

Trade active

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as expected, line 0.618 hold up succesfully, price should move to the TP line near resistance..
Trend AnalysisTechnical Indicators
Comments
Andersendanni
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Hi. Nice setup. Do you still believe it will go up from here? :) I’m in a sell to arround 75900 :)
AcstairTrader
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@Andersendanni,it seems price tested 0.618 fibo line. have to wait for closed bullish candle for entry. I am positive to buy as a main trend
Andersendanni
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@AcstairTrader, Yes looks like the 618 fibo is a hard one to crack. Lets see how it goes :-)
AcstairTrader
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@Andersendanni, sorry mate, price goes up :-)
Andersendanni
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@AcstairTrader, Well i still dont believe we gonna break 781 :-) It has formed a nice double top now
:-)
abel11
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Thank you. Always appreciate the insight.
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