AUDUSD long
Updated
Monthly :
Multi year lows broken,
hammer pattern to end the month
bullish signal
Weekly :
break & close above MA's
rejection of weekly support
TL break to upside means trend reversal - look bullish
Daily :
higher highs & higher lows, trading above MA's
counter-TL opportunity for bearish continuation
(must break both MA's & counter-TL)
4H :
sharp bullish rejection @ intersection of trend & counter trend lines
entry on crossing above MA's with candlestick reversal @ .786
___
Multi year lows broken,
hammer pattern to end the month
bullish signal
Weekly :
break & close above MA's
rejection of weekly support
TL break to upside means trend reversal - look bullish
Daily :
higher highs & higher lows, trading above MA's
counter-TL opportunity for bearish continuation
(must break both MA's & counter-TL)
4H :
sharp bullish rejection @ intersection of trend & counter trend lines
entry on crossing above MA's with candlestick reversal @ .786
___
Trade active
Entry @ 0.72612SL - 0.7188
TP - 0.7366
[1.43R]
Trade closed: stop reached
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