AUDUSD Long ater downfall
In my trading I typically don't use indicators or let them influence my decisions. However in this trade setup I used Fibonacci to help give me a general idea of how Support and Resistance was on this chart, it lined up quite well.
Because of this I placed an order near the most recent low. (The entry is the blue dotted line) Price reacted very violently the last time it reached this price level so hopefully it will do it once again.
Because of this I placed an order near the most recent low. (The entry is the blue dotted line) Price reacted very violently the last time it reached this price level so hopefully it will do it once again.
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