purpurato59

Hammer and divergence

Long
purpurato59 Updated   
FX:EURAUD   Euro / Australian Dollar
After some heavy battering on this pair, bears seem to have found a bottom and action is now bound to the upside. The hammer and the RSI divergence are good signs that this is ripe for a long.
I've been watching this wedge for some time now, please watch related ideas.
Thanks for your likes and comments.
Trade active:
Good place to add.
Trade closed manually:
Half position closed.

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