#AUDUSD Bigger Bull Idea (50/200 SMA, Structure) #Forextrading
#AUDUSD Bigger Bull Idea (50/200 SMA, Structure) #Forextrading
1. 10sma is crossing 50sma in the yellow region. The price might test this zone to give us a bullish entry.
2. 200 sma is far up above. Once the price crosses the latest structure high at 0.7378, the next target will be retest of 127.2 fib level/200sma.
2. Daily and weekly chart are not showing any signs of oversold or overbought.
@TradeYodha
TradeYodha.com
tradeyodha.com/2015/...ucture-forextrading/
1. 10sma is crossing 50sma in the yellow region. The price might test this zone to give us a bullish entry.
2. 200 sma is far up above. Once the price crosses the latest structure high at 0.7378, the next target will be retest of 127.2 fib level/200sma.
2. Daily and weekly chart are not showing any signs of oversold or overbought.
@TradeYodha
TradeYodha.com
tradeyodha.com/2015/...ucture-forextrading/
Trade closed: target reached:
first target acheived