AUDUSD: RIPTIDE

4 באוק׳ 2017

Hi traders!

AUDUSD seems to just pattern itself out each time. We see again the same bottom that it made last time before firing up to +0.80

• Clear divergence on daily MACD
  
• Buyers found in this zone making multiple wicks
  
• DXY finally top (resuming its downtrend)
  
• Playing off those FIB extension perfectly
  

Here is my suggestion:

AUDUSD LONG:
ENTRY : 0.78654
SL : 0.78286
TP : 0.80506

Trade safe!

Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.

5 באוק׳ 2017

הערה

SL TRIGGERED! OH NO! Small loss though! On to the next one.