DevLucem

How To Trade AUDUSD Bullish Struggle

Long
OANDA:AUDUSD   Dollaro australiano / Dollaro
On the Daily chart, AUDUSD is on a Fibonacci pattern completion and this will end when the market hits the previous top and crosses that level. The 50% zone is already hit and we are waiting for the 100% zone since a bullish movement is already evident in the area.
On the 4hr tf, the chart has broken the trendline and we should expect a bearish movement but a retest should be encouraged since we have a strong support too.

Go Long
as of the current state, the signal is long to about a take profit of 500 points

Go short
when 0.78880 is broken and a solid bearish candle shows a strong down movement, the bullish signal will be invalid and a short trade will be initiated

🤖🤖🤖🤖🤖🤖🤖🤖🤖🤖
Automate TradingView Alerts
tradingview.to/anywhere
🥰😍😍🥰😍😍🥰😍😍🥰
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.