fondiea

How long will the range of MPP (P) and YPP (S1) last?

Short
fondiea Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
It ranges from MPP to YPP since last month.

If it is assumed that the moon starts moving since the moon has changed, it will be the flow that aims at shorting from here again.


<< tactics >>
1) Consider a short entry when MPP (P) functions as a resistance line.

The first limit is WePP (P) 0.73924
The second limit is WePP (S1) 0.73423



WePP will be updated on Monday so be careful.



I would be grateful if you like it idea,give me follow or agrees!


------------------------- <Legend> --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me

Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close

x mark: Line which may not function
------------------------- <Legend> --------------------------
Trade closed: target reached:
Thank you very much!
Currently, it is attacking WePP.

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