TradingView
AlexHillFX
May 29, 2017 7:39 AM

AU Long Idea ahead of NFP Long

Australian Dollar/U.S. DollarFXCM

Description

Idea for AUDUSD Long

Respecting the Bias change from 1st low point formed (blue Ellipse) Looking now to continue the trend.

Looking to form a new low and bounce toward forming the next high. H4 currently a Hammer.

Expecting movement to the next Ellipse and then a potential long leg.

Few signs of Fib respect looking at 0.75 target area.
More