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ApexParagon
May 22, 2020 6:41 PM

AUDUSD H4 ANALYSIS Long

Australian Dollar/U.S. DollarFXCM

Description

Hello traders, we currently have a long setup for AUDUSD on the H4 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard!

*Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.

Trade closed: target reached

Comments
forx4life
I am in this trade - although the 8 EMA recently crossed the 18 EMA (down), price bounced off the 50 and the trend seems to still be intact.
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