FX:AUDUSD   Australian Dollar/U.S. Dollar
43 1 4
2 months ago
AU             may test nearest support but I expect an attempt to reach the MM support around 7510. May be a sell for the second larger leg down, or wait for a long around the lower support. Looking for a short, then looking to buy around the lower support area.
2 months ago
Comment: So far I do not see a good sell signal bar. The current bar keeps closing above 50%. So I'm waiting. Behaving more like a trading range at this point.
2 months ago
Comment: Decided to short anyway based on prior bear strength and the moving average. 7617 stop above the prior swing high. Target is the 7518 level. Happy trails.
a month ago
Comment: Short from 7518 stop is above the micro-db top holding for the possible 2nd leg down.
a month ago
Comment: closed this trade 7613. there is a higher low double bottom and evidence of good buying so better to get out while the market allows it.
a month ago
Comment: after the double bottom and a failure to take out the new lows, it was clear that support was holding. The weekly is in a tight trading range so watching for more information.
mfgfund
2 months ago
The current close suggests a 2nd bull leg up is likely. I'm watching to see if the moving average holds price, and for a good bear close to short. But there is also a bull trendline that has been tested 3 times (not drawn on the chart) and should be tested again. No current position active.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out