AUDUSD Potential Long Signal
With
AUDUSD
being in a strong bullish uptrend since the start of 2016 we are only looking to play this pair to the upside. In order for us to get a signal to go long on this pair we will need to see price action break above and close above the current trend-line resistance on the hourly chart with confluence from our price action forecasting algorithm predicting a move higher with a percentage of 85% or higher. In addition, we would also like to see the retail sentiment move to -1.50% or more as it is currently sitting at -1.48%. If all three of these conditions come into play we will get a very probably opportunity to go long on
AUDUSD
so make sure you are following for updates.
The current prediction of our algorithm is a strong move to the upside once it breaks out of the trend-line resistance, which can be seen in the image linked below, but it is only giving off a 47% chance of this move happening so we are not holding too much weight in it. Since we are on the hourly chart our algorithm will update and potentially give us a new forecasting prediction every hour on the hour. Therefore, with that being said, we will monitor this set up and announce if we are taking the position long.
i.imgur.com/pX4m0PC.png
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AUDUSD
being in a strong bullish uptrend since the start of 2016 we are only looking to play this pair to the upside. In order for us to get a signal to go long on this pair we will need to see price action break above and close above the current trend-line resistance on the hourly chart with confluence from our price action forecasting algorithm predicting a move higher with a percentage of 85% or higher. In addition, we would also like to see the retail sentiment move to -1.50% or more as it is currently sitting at -1.48%. If all three of these conditions come into play we will get a very probably opportunity to go long on
AUDUSD
so make sure you are following for updates. The current prediction of our algorithm is a strong move to the upside once it breaks out of the trend-line resistance, which can be seen in the image linked below, but it is only giving off a 47% chance of this move happening so we are not holding too much weight in it. Since we are on the hourly chart our algorithm will update and potentially give us a new forecasting prediction every hour on the hour. Therefore, with that being said, we will monitor this set up and announce if we are taking the position long.
i.imgur.com/pX4m0PC.png
Make sure you are following us to receive our updates on all of our signals like this one.
If you want to get one FREE month of accurate algorithmic forex signals like this then check out www.Unique4xPro.com
Also follow us on all of our social media:
Twitter @ Unique4xPro
Snapchat @ Unique4xPro
Instagram @ Unique4xPro
Tune in to our daily live market reviews @ 4:30 P.M. EST on Periscope @ Unique4xPro
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