Pondering Probe Trade LONG AUDCAD
Reason for LONG
Daily bias direction : LONG
Market retraced to 50% fibo and buyers reacted upside.
Await for EMA(1) to cross and volume to pick up then placed
limit order LONG @ 0.9795
Daily bias direction : LONG
Market retraced to 50% fibo and buyers reacted upside.
Await for EMA(1) to cross and volume to pick up then placed
limit order LONG @ 0.9795
Note
EMA(1) and EMA (2) supported LONG direction.Entered a probe trade and awaiting for Daily HA to turned GREEN to add more lot.
Also saw sellers failed @ 0.9789 region.
Comfortable to enter a LONG probe trade
Target @0.99236
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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.