Copper: offering clues for the Australian dollar traders
Aggiornato
Watch this commodity, since it's very influential, showing a high positive correlation with the australian dollar.
Right now I have a bullish weekly setup, aiming for the area depicted by the triangle, which happens to match two channels' resistance.
Rgmov is advancing with price, and currently showing a 0.382 retracement after the recent bearish swing.
Will this be a refresher before further upside?
Should be constructive to keep this as reference when trading Australian dollar FX pairs.
Good luck,
Ivan.
Right now I have a bullish weekly setup, aiming for the area depicted by the triangle, which happens to match two channels' resistance.
Rgmov is advancing with price, and currently showing a 0.382 retracement after the recent bearish swing.
Will this be a refresher before further upside?
Should be constructive to keep this as reference when trading Australian dollar FX pairs.
Good luck,
Ivan.
Trade chiuso: obiettivo raggiunto
Time at mode trend signal expired, target wasn't hit. This normally implies a reversal...Nota
What a reversal...
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Pubblicazioni correlate
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.