AUDUSD Looking like temporary bottom
Hi all, a quick look at the Aussie dollar to USD.
We are currently consolidating on the monthly and weekly timeframes from being largely oversold.
Now we have a long wick with volume climax on the daily. (I take as an indication of bottom)
Good bullish entry is now with stop loss below the wick of the indicated candle.
I see 2019 making 15% gains then will be looking at a bearish entry sometime in 2020.
We are currently consolidating on the monthly and weekly timeframes from being largely oversold.
Now we have a long wick with volume climax on the daily. (I take as an indication of bottom)
Good bullish entry is now with stop loss below the wick of the indicated candle.
I see 2019 making 15% gains then will be looking at a bearish entry sometime in 2020.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.