AUDUSD- Long Position
After a long accumulation range which start in 2016, the Aussie moved higher until February 2018, then selling off into the buy zone at the end of 2018.
A nice large pin-bar on new years eve saw stops being run out , since then we have seen 2 buy pivots. Should see the Aussie trend higher, breaking the 2018 high, as the gold price moves in a strong up trend.
An entry on the daily chart is confirmed with a lagging line and price closing above the Ichimoku cloud.
A nice large pin-bar on new years eve saw stops being run out , since then we have seen 2 buy pivots. Should see the Aussie trend higher, breaking the 2018 high, as the gold price moves in a strong up trend.
An entry on the daily chart is confirmed with a lagging line and price closing above the Ichimoku cloud.
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