Hi traders!
AUDUSD seems to just pattern itself out each time. We see again the same bottom that it made last time before firing up to +0.80
Here is my suggestion:
AUDUSD LONG:
ENTRY : 0.78654
SL : 0.78286
TP : 0.80506
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
AUDUSD seems to just pattern itself out each time. We see again the same bottom that it made last time before firing up to +0.80
- Clear divergence on daily MACD
- Buyers found in this zone making multiple wicks
- DXY finally top (resuming its downtrend)
- Playing off those FIB extension perfectly
Here is my suggestion:
AUDUSD LONG:
ENTRY : 0.78654
SL : 0.78286
TP : 0.80506
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Comment:
SL TRIGGERED! OH NO! Small loss though! On to the next one.