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theyoungbloodcollective
20 янв 2020 г., 21:25

AUDUSD Bullish Trend with 2 TP Options  Длинная

Australian Dollar/U.S. DollarFXCM

Описание

I am posting this chart hoping to see FX:AUDUSD remain in an upward trend.


This charting is based on Trend lines (Shown in yellow) as well as long term support found in the blue rectangle


The blue rectangle has been an area of support for FX:AUDUSD in the past for higher time frames.

This most recent turn of the market towards a bullish market is a good confirmation to me that I would be looking to buy


I've listed 2 TP Options at

0.70140 (160 PIPS)
0.70650 (200 PIPS)

My Entry would be in the range of 0.68385-0.68845



I would expect a little hesitance around 0.69285 before pushing towards TP options



This is not a recommendation to take this trade based on my charting, & for educational purposes only




Сделка закрыта: достигнута стоп-лосс цена

Комментарии
transparent-fx
this is my directional view for audusd, we will see
theyoungbloodcollective
@transparent-fx, Thanks for sharing, I agree with this setup seeing how the market has played out recently.

I was hoping to find a stronger support range, but price broke free from my trend lines going bearish

Now that I see the Head & Shoulders Pattern, I will be looking for a Short opportunity as well until stronger support has been found

I appreciate your analysis

I watched the video & gave you a follow :)
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