AUDSGDTimeframe: H4
Direction: Long
Confluences for Trade:
- Price action at a Trendline Support
- Stochastic Oversold momentum
- Widening of EMA
- Price action is close to 2016 lows, could be a strong support at such levels
Suggested Trade:
Entry @ Area of Interest 0.9675 - 0.9735
SL: 0.9619
TP: 0.9886
RR: Approx. 2.30 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Trade closed: stop reached
Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.
Related publications
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.
Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.
Related publications
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.