Short ETHUSD #week09assignment #RafayShort position taken due to;
Bearish Divergence
Risk/Reward ratio 1:1
Week09assignment
Short AUDUSD #week09assignment #RafayShort position taken due to;
1. Bearish divergence
Daily frame support/resistance used for stoploss and target price
Long USDCHF #week09assignment #RafayLong position taken due to;
1. Bullish divergence
Daily frame support/resistance used for stop loss & target price
Long AUDNZD #week09assignment #RafayLong position due to bullish trend and ;
1. Bearish divergence not found
Long AUDJPY #week09assignment #RafayLong position due to Dow theory &
1. Divergence not found
2. AB=CD not found
Long AUDCAD #week09assignment #RafayBuy limit order placed due to following
1. Bullish tend - higher highs & higher lows
2. AUDCAD is usually retracing from 0.618 fib ratio in the trend
#week09assignment #Rafay #Long #XAUEURLong position taken due to following
1. Price action on bullish trend line
2. August remained bullish in past
