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UnknownUnicorn3382580
Jan 20, 2020 11:28 AM

AUDUSD - update Long

Australian Dollar/U.S. DollarFXCM

Description

I would assume a complication in the correction, as the depth of the pullback is a bit shallow.
I have a sell from 0.6895, but keep an eye on the overall 62% retracement.
The structure allows for that, as depicted on the chart.

PS. wxy or abc (red marks) - do not really matter at this stage. We will see later
Comments
UnknownUnicorn3382580
Hi.
I use 20, 80 and 320 (x4 between them) - to check between my working time frames (m15/ h1/ h4).
80 at h4 = 320 at H1.
20 and 80 simple MA are in the settings of standard Bollinger Bands, that indicate volatility
UnknownUnicorn4762443
hi dear
your Idea is best

why do you use numbers 320 and 90 for MA indicator?
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