traderparag

AUDUSD - Strong Buy on pull back

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD looks strong - Risk Reward ratio is favorable here..

If price goes below 200 EMA & is unable to come up again, we will come out of this trade, or else pull backs to 200 EMA is only an opportunity to add/enter.. 2 Targets are mentioned on chart...
Comment: Price has gone below 200 EMA - if it doesn't come up again, we don't enter this trade..

Only when price comes up above 200 EMA & the support lines (as shown) and sustains there, we BUY, else ignore..

Comments

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