FX_IDC:AUDUSD   AUSTRALIAN DOLLAR / US DOLLAR
1294 14 47
AUDUSD             almost breaking
Be patient, ready to trade the break out
We can consider to put a buy stop
at 0.7230
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whisally
a year ago
Sir, why you choose buystop? Must it hit 0.7220 to confirm the bullish? Why don't buy when it drop back to 0.7140 or some lower level?
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tntsunrise TOP whisally
a year ago
yes you are right! bullish confirmation only above the 0.7224 high
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kevinxin
a year ago
Sir, i have a question. In 4 hour chart, There is a AB(0.7016 to 0.716) and CD (0.7068 to 0.7212). This may indicate price will come down. So now can consider on the short side before price go above 0.7230??
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hadesduke
a year ago
Hi Jack, AUD/USD seems to fail to break the neck line 0.7224 at the second temp attempt. NZD/USD also does not steadily stand above 0.6600. Are these considered to be short rather than long? Thanks a lot for your reply.
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whisally hadesduke
a year ago
I have the same question :)
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tntsunrise TOP hadesduke
a year ago
price did not break out the 0.7224 high. therefore bullish not confirmed. My plan is to buy stop above the 0.7224. if price never go higher than that, my long order will not be active.
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whisally tntsunrise
a year ago
thank you Jack~
Reply
Bautifull
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HermannHesse
a year ago
Same view. Great!
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mcpeacocks
a year ago
looking great! missed your entry, there should be a decent enough retrace to the 0.7230-ish levels to be able to enter this one I hope.
well done!
Reply
mcpeacocks mcpeacocks
a year ago
i should say retrace to 0.7220-ish
Reply
tntsunrise TOP mcpeacocks
a year ago
YUP. BUY STOPP TRIGGERED
Reply
teddyrucks
a year ago
Nice chart. Do you think its going to short?
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Hello, I had followed this chart and my Buy-Stop was triggered, now i've seen your latest 240 chart is saying short? Are you reversing your position or is it only a short term short sell? Many thanks, James
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