Homework from course 101 - Monthly EUR/AUD
The question is: how to trade this pair on the weekly chart.
The monthly context is totally favorable to buy in the long term, so in the weekly I want to wait for a scenario to buy too. This is because the largest time frame controls the smallest time frame.
I want go long on the weekly together the monthly.
The monthly context is totally favorable to buy in the long term, so in the weekly I want to wait for a scenario to buy too. This is because the largest time frame controls the smallest time frame.
I want go long on the weekly together the monthly.
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.