Get started
rcjugg

AUDUSD Long

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
rcjugg  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns AUDUSD audusdlong
3
4
trendanalysis chartpattern audusd audusdlong
Confluences for this setup:

- Corrected to fib level so can now expect next bullish impulse
- 61.8 has acted as resistance in the past and is now being tested as support
- Dynamic support has been tested 3x so can expect another bounce to upside
- Near to 18 EMA so can expect price to gather bullish momentum

1:5 RR on this trade
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.