FX:AUDUSD   Australian Dollar/U.S. Dollar
35 0 5
8 months ago
Notes:

In addition to price trading above the 52-Period SMA (which is a very strong indicator of price trend); note that the 26-Period Kijun-Sen EMA has also crossed up & above the 52-Period SMA ; (looks like that is not an ordinary bullish price action over here...; it could even be a "Golden-Cross"). *It is not an ordinary cross of a typical 9-period SMA/EMA with the 26-period EMA over here which is all too common & happens all of the time; (right here is perhaps something much stronger/significant in-terms of signifying a more stronger trend direction)...

In addition, also note the Ichimoku-Clouds; which are also supportive of the bullish trend ...

Last but not least, the Kijun-Sen (26-Period EMA ) is pointing up (with reasonable upwards momentum ) (that means price = up; simple as that when I trend-trade in smaller time-frames like 1-minute chart).

Best regards.

*Dark (thick) Maroon colored line: 52-Period Simple-Moving-Average
*Maroon colored line (thinner): Kijun-Sen (26-Period Exponential-Moving-Average)
8 months ago
Comment: Only one issue though; the 52-Period SMA (thick dark Maroon) is not pointing upwards as of now (as you can see)...; price still has the risk of pulling back to the downside a little bit I reckon... (But whatever is below the price presently are very-strong-supportive as far as I am concerned...)
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out