AUD/USD Long
Updated
1M
Last month’s candle closed as a bullish engulfing, cleanly breaking and closing above the weekly resistance turned support. EMA upwards facing.
1W
EMA have crossed to the upside also. 4 weeks ago, we had a strong bullish candle followed by a half a bearish. This also happened the past 2 weeks. Potentially the same move again.
1D
Fib placed on the previous swing, pull back and rejects 78.60% but does not close below it. EMA upwards facing.
4H
Counter trend line have been broken and EMA facing upwards.
Last month’s candle closed as a bullish engulfing, cleanly breaking and closing above the weekly resistance turned support. EMA upwards facing.
1W
EMA have crossed to the upside also. 4 weeks ago, we had a strong bullish candle followed by a half a bearish. This also happened the past 2 weeks. Potentially the same move again.
1D
Fib placed on the previous swing, pull back and rejects 78.60% but does not close below it. EMA upwards facing.
4H
Counter trend line have been broken and EMA facing upwards.
Note
Stop Loss Moved up to take profit at 0.76234Note
Stop Loss Moved up to take profit at 0.76583Trade closed: target reached
125 PIPS take profit reached.
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