AUDUSD-Up up up-Weekly
Hello guys,
As you can see on Weekly chart, this index is approaching the key level above and it won't stop until reach the target. However, on smaller time frame, it seems like there is a pullback happening. Therefore my strategy is waiting for the price pull back to demand zone below ( from 0.7 to 0.742 ) then bull signal appear. That's what I'm waiting for. In case you don't want to spend time for waiting , you can put limit orders. Remember there are 2 things you can't move, it's stoploss (under 0.69) and take profit (before the price reach 0.804)
Good luck! This's Nam from G-Saram
See ya later!
As you can see on Weekly chart, this index is approaching the key level above and it won't stop until reach the target. However, on smaller time frame, it seems like there is a pullback happening. Therefore my strategy is waiting for the price pull back to demand zone below ( from 0.7 to 0.742 ) then bull signal appear. That's what I'm waiting for. In case you don't want to spend time for waiting , you can put limit orders. Remember there are 2 things you can't move, it's stoploss (under 0.69) and take profit (before the price reach 0.804)
Good luck! This's Nam from G-Saram
See ya later!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.