Historical support and Digital analysis on AUDCHF _ LONG
Read it till the end ...
they said the the market repeat itself well lets have a look to the past then ...
on 2015 the price came to a very strong support level and gave us an oversold on RSI and then bounced
after 213 days on 2015 its visited the same level again that is the second time and also the price gave us an oversold on the RSI
with a fake break out and a divergence and then bounced
after 146 days on 2016 the price visited that level again and if we add the fibo we wiil see that the price bounced at 0.618 fibo with a divergence
after 962 days on 2018 the price came again to test that level and bounced again with an oversold on the RSI
after 109 days on 2019 its visited the same level again and gave us a fake break out the same thing that happened on 2015 on the second time
and we will do same then we will add the fibo and what we can see is :
after 146 days the same period of time that we had on 2016 we the price came to that level .. we are in the same level and what we can see with the fibo that its happened again we are on the same level the 0.618 fibo with a divergence and oversold on the RSI
we can open a long trade after a break out
good luck
they said the the market repeat itself well lets have a look to the past then ...
on 2015 the price came to a very strong support level and gave us an oversold on RSI and then bounced
after 213 days on 2015 its visited the same level again that is the second time and also the price gave us an oversold on the RSI
with a fake break out and a divergence and then bounced
after 146 days on 2016 the price visited that level again and if we add the fibo we wiil see that the price bounced at 0.618 fibo with a divergence
after 962 days on 2018 the price came again to test that level and bounced again with an oversold on the RSI
after 109 days on 2019 its visited the same level again and gave us a fake break out the same thing that happened on 2015 on the second time
and we will do same then we will add the fibo and what we can see is :
after 146 days the same period of time that we had on 2016 we the price came to that level .. we are in the same level and what we can see with the fibo that its happened again we are on the same level the 0.618 fibo with a divergence and oversold on the RSI
we can open a long trade after a break out
good luck
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