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TheSignalyst
Aug 13, 2019 8:56 AM

AUDUSD Long/Buy Idea  Long

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD Long/Buy Idea

waiting for a momentum candle close above 0.6820 to buy this one

Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Trendline (in blue)
3- Rejection/Support zone from Daily (0.6700)
4- Head and Shoulders forming (in orange)

Waiting for the right shoulder to form to enter on the neckline (in purple) break upward above 0.6820 (in gray)
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