AUDUSD BUY LIMIT ON 0.69990 & SL AT 0.99600 & 1st TP at 0.71000
The trend for year 2018 is from high to low. So i predict the trend for year 2018 will be low to high when it reach the support at 0.69960. Another observation is the 0.69960 is one of the lowest support line among these few year. At the end of year 2015, it also reach this support line so in the year 2016 the trend is low to high.
Below is the TP:
TP1: 0.71000
TP2: 0.71500
TP3: 0.72300
TP4: 0.72960
TP5: 0.73900
TP6: 0.74900
TP7: 0.75580
TP8: 0.7700
Remarks:
2018 HIGH - LOW
2017 LOW - HIGH
2016 LOW - HIGH
2015 HIGH - LOW
2014 HIGH - LOW
2013 HIGH - LOW
2012 HIGH - MEDIUM
Below is the TP:
TP1: 0.71000
TP2: 0.71500
TP3: 0.72300
TP4: 0.72960
TP5: 0.73900
TP6: 0.74900
TP7: 0.75580
TP8: 0.7700
Remarks:
2018 HIGH - LOW
2017 LOW - HIGH
2016 LOW - HIGH
2015 HIGH - LOW
2014 HIGH - LOW
2013 HIGH - LOW
2012 HIGH - MEDIUM
Note
Sorry, the SL is 0.69600Trade closed: stop reached
02 Jan 2018 is a crazy day. Around 06:50 AM GMT+8. All pair up or down 300 - 700 pips
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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.