AUDUSD: L-o-n-g Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Mar 9, 2017 11:44 AM

Hi traders,

Here we have the daily AUDUSD chart. I'm looking to enter long between 0.74475 and 0.74200.
This is based on the previous structure and the Fibonacci confluence area. Target is set pretty high, partial profits will be taken halfway.

Cheers

Comments

TheRegulator

⋅ Mar 9, 2017 5:38 PM

Nice move, didn't see this coming. Everyone expecting further bearish.You taking T1 @ 38.1%, then T2 @ 61.8% ??