Pondering Probe Trade LONG AUDCAD
Updated
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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