TradingView
Mayvune
Sep 26, 2016 11:16 AM

AUDUSD - Oversold Momentum Peaks on Support  Long

Australian Dollar/U.S. DollarFXCM

Description

Support Level is holding at 0.76 area while we have Oversold Momentum Peaks (2nd panel) followed by a nice Blue Canlde (potential Reversal) -> Grey Candle (Trendless) most likely turned into a confirmed Reversal!

Comment

We got a Confirmed Reversal (o) under the candle, but it's a green fomoish candle, so expect a small retrace and more consolidation in this area

Comment

We can take Off some of our Position and move the SL higher

Trade closed: target reached

Target got reached
More