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Mayvune

AUDUSD - Oversold Momentum Peaks on Support

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Mayvune Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
oversoldpeaks bluecandle highretest
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oversoldpeaks bluecandle highretest
Support Level is holding at 0.76 area while we have Oversold Momentum Peaks (2nd panel) followed by a nice Blue Canlde (potential Reversal) -> Grey Candle (Trendless) most likely turned into a confirmed Reversal!
Comment:
We got a Confirmed Reversal (o) under the candle, but it's a green fomoish candle, so expect a small retrace and more consolidation in this area
Comment:
We can take Off some of our Position and move the SL higher
Trade closed: target reached:
Target got reached

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