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Manu76

expect a weak rebounce

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Manu76 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
4
0
expect a weak rebounce
trade active
Comment:
Note that there's a second bullish Kumo on the Daily chart and we are looking at an extreme oversold RSI, and same on multi timeframes. It's time to take a breath. Also my plan is my plan. There's always the risk but looking to this bullish Kumo future and some other indicators on the daily chart, there must be a rebounce and ... it may go higher than predicted here but I'm happy with my plan.

This is no trade advice
Comment:
Correction: The second bullish Kumo is on the Weekly.
But now we have on H4 bullish convergence.

snapshot
Comment:
Check for yourself, but as with the previous divergence, the convergence is almost impossible to see ... but it is there. A closer look can help ;-)
Order cancelled:
still weakness
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