Last time it reached this level was 2014-01-24!
Its a f**king great day! What we have is a with a very long tail, indicating a strong momentum on the bulls.
Today we have a move. This such a move that every body at the trading desk is waiting for!
So i will do 3 trades today only on AUDUSD . I will buy either later today or tomorrow depending on how the market plays. Meaning that it has to close as today. Otherwise i don't enter.
I have also marked where my first sell will be. At .38,2%. I can sell all of my three trades at that point, however, it all depends on how the markets plays out.
My second trade is at 50%, and;
My third is more of a long shot, not impossible thou but it is 78,6%.
I hope you have the best day ever!