AUDUSD - High probability trade (Long)
Watch price action around the 50% fib level.
Confluences:
1) 50% fib
2) Channel Support
3) MACD Divergence
Short term trade. Targeting 100 pips.
Confluences:
1) 50% fib
2) Channel Support
3) MACD Divergence
Short term trade. Targeting 100 pips.
Trade closed: target reached:
Price hit 618 retracement and reached -0.27 extension. 125 pips
Comment:
