FX:AUDUSD   Australian Dollar / U.S. Dollar
86 0 4
Long position on this pair for a number of reasons:

1) Simple uptrend on both daily and weekly charts with higher lows and highs.
2) Break of counter trend line and retest rejecting 0.618 retracement .
3) We've pulled back from a false breakout around 0.7700 levels into previous support.
4) Upon retest of the outside of the counter trendline , support and 0.618 fib level, price has formed a morning star pattern indicating a strong reversal.
5) On the 4 hour chart, we have 2 bullish engulfing candles.
Trade closed: target reached: Trade closed early for 58 pips profit around resistance zone as reversal looks like it's in the works.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out