tiggerjrowe

tiggerjrowe Updated 

AUD in retrace following MACD Bounce, and RSI + Stoch bottoming out. Ideal TP would be at the first resistance line, 0.75694 Quick retrace in the downward momentum, once, move is complete look for further downwards movement towards the next support line at 0.76461

tiggerjrowe Updated 

Just based on research and analysis (this may be so far incorrect, so use sparingly), have noticed a wedge forming in the downtrend, and what looks to be a three drives pattern, or abcd pattern. Will keep watch on future candles to see what the price action and trend does.

tiggerjrowe Updated 

First TP would be a strong chance. A break above that would signal a higher move to the stronger resistance line based on previous attempts. Look to go long for first TP Target, then watch for a chance for move up to Target 2

tiggerjrowe Updated 

Have layed out this chart based on an indication candle, will keep an eye to find a confirmation. Tp 1 + 2 included.

tiggerjrowe Updated 

Based on a look at various indicators and models, this chart should provide some clear direction for a long term long target. Have put in 2 open trades for this to maximise profits.