AUDUSD Major Low, uptrend born in classic missed pivot style!

Easy, Simple method to identify and take advantage of new trend. Major Low, geyser style eruption of smart money recognizing and getting in. Passing through pivot only once (at beginning of July), next day missed pivot, price holding above. This is setup, next day is trigger with price reaching down to touch missed pivot level and now off toward higher levels. Targets of at least 7500 (recent missed weekly pivot) and 75124, 76364 (missed daily pivots in June).
Happy trading Long in AUDUSD!!

Note

Yesterday was another missed pivot and so far today the same. 2 consecutive missed pivots = overbought/sold condition and reversal looms.

Note

Never mind,,,... pivot hit today, will see if they now also go after that missed pivot from yesterday all the way down @ 74165

navycdr11

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.