AUDUSD - Long Term long
1. Strong divergence
2. Open Interest is falling in trading range
3. Price will go UP
2. Open Interest is falling in trading range
3. Price will go UP
Note
This setup is no actual anymore of course. "long term" was from 22.2.2016 to 18.4.2016.I usually don't set-up profit targets, exits from trades are trough trialing stop when trend has changed.
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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.