AUDUSD: Uptrend continuation finally confirmed
We have reentered as per my latest update in my previous publication, see related ideas. Price has expanded the daily range today, so it's clear bulls are active, and we can expect to see a very nice move to the upside.
If not in, I'd reccomend rushing in with longs, stops can be under the swing low, or even under today's open.
Sentiment is extremely bearish for copper and it has hit a huge support level, which translates into AUDUSD rallying as well.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Link to Tim West's chatroom: www.tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
If not in, I'd reccomend rushing in with longs, stops can be under the swing low, or even under today's open.
Sentiment is extremely bearish for copper and it has hit a huge support level, which translates into AUDUSD rallying as well.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Link to Tim West's chatroom: www.tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Comment:
I reccomend closing half the position, the fact the move was retraced isn't good, but might still actually work in a few days.
Comment:
Trade closed: stop reached:
Seems like it's not cooperating. Let's stand aside.
Comment:
www.zerohedge.com/ne...-hedge-funds-opinion
A good read, mostly similar to my opinion. There's huge divergence between base metals and oil, I anticipate jpy making a leg up, while eurusd and metals do too, but it's proving tricky to catch...this should coincide or precede a drop in oil, closing the spread.
A good read, mostly similar to my opinion. There's huge divergence between base metals and oil, I anticipate jpy making a leg up, while eurusd and metals do too, but it's proving tricky to catch...this should coincide or precede a drop in oil, closing the spread.
Trade active:
Comment:
Boom! there we go.
