corsicasia
Long

audusd plan for this week 0.7400

FX:AUDUSD   Australian Dollar/U.S. Dollar
215 9 5
with a rsi largely in oversold and a DXY             largely overbought it will natural this week to get a reboud around 0.7400
Comment: Target done :) hope you enjoy your pips
As long as the RSI is below 30 there should not be much of a pull back.
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corsicasia Colorado007
@Colorado007, yes i not said its a bullish on big pull back..i just say it will rebound around 0.7400 and for now so we are not so far already stop at 0..for no loss...
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corsicasia Colorado007
@Colorado007, Target done
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@corsicasia, Nicely done!, my target is just below parity...
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Colorado007 PRO Colorado007
@Colorado007, sorry that is the worng pair...6500 level
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I Agree.
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@render, thanks
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what do you use as entry signal ? some sort of pattern forming .. or straight in ?
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corsicasia SwingFish
= @nullx8, for this is small AT but more fondamental logic...with an dxy on overbought and a many day consecutive down of aud and also rsi at 16..and also 0.7330 is a big support that .u can see in daily chart..so i think with this trade i will not get problem for got at least 50 pips of rebound
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