TradingView
Wave-Trader
Nov 24, 2018 3:18 PM

AUDUSD Watch bottom for long  Long

AUD/USDOANDA

Description

Hi there,

This is an update of the previous AUDUSD chart. If you have traded on that chart than same again.

How you can trade on this chart.

1. Wait for the price to hit the bottom once price hit the bottom watch it how it reacts if hold the bottom and rise sharply then go for long

Or

2. Watch for the price to break up the short term bearish trend and look for buy on breakout of the bearish trend.

In case price dont stop and keep pushing lower sharply then it will change the buy setup but we will remain longer term bullish on AUDUSD.

Good luck.

Please support the setup with your likes, comments and by following on Trading View thanks

Comment

Comment

Comments
THEREALGAINS
WOW this chart is pretty spot on
macilme
Hello guys.. I'm a new follower of @Wave-Trader and seeing that he has so many trade Ideas open and takes some time to update them all... it would be nice if we all could just submit our own mini updates from his master updates haha.. helps the community overall in my opinion... here's mine :

imgur.com/a/sjP87jL
Jeregene
Consolidation now.
Awaiting confirmation of bottom forming.
mhdabd
Hey any update for the chart please
rludvik
Nice one.
Vamkahforex
Will I be wrong if I say the support is at 0.71596 looking at the past three resistance
Vamkahforex
Nice
janbozorgi
I think the current monthly wave will reach itself to around 0.6500.
More