לונג

Support Strong to Long

מעודכן
GBP/AUD is the only pair I do trade and pay close attention to so what is happening at current times.

Been Short bias for a long time, but I can't deny when I change in trend is so obvious.

Short bias since the 1.9700 level. Shorted until the 1.9160 level became a strong level of support, watched it get tested multiple times. That support level was once a Daily Resistance Zone at one point 2 weeks ago before the big expansion to 1.9700.

We recently had seen a double top reversal, thinking it was going to go short again, but the neckline failed to break. That support zone was tested multiple times. That was over 12 hours ago since I noticed that.

As much as I do want to short this, we are currently in the big view is in a Bullish Weekly Price Channel at the moment. Long term is going Long.

My custom algorithm lately hasn't been very supportive of shorting on multiple time charts.

So I'm going long on this one. Target points are on the chart. Happy Hunting.
עסקה פעילה
I am in a long position at the moment, waiting for exit confirmations. I will update when the time comes close.
הערה
Looking over day charts and understanding Market Maker Cycles. It is critical to enter today while the range is still small. All this is accumulation happening, position before the next expansion happens.
הערה
If anyone had seen that dip, on the 4 hour chart completed probably the last pull back to the support line, I'm still holding on to this trade with my custom signals still saying to hold, but will be taking profits at TP1 or TP2 which ever the market decides to give at that moment
הערה
Currently in an expansion, looking to exit and take my profits, I'd highly suggest you to do the same, unless you are swinging
עסקה סגורה: היעד הושג
Took my profits, decided to wait until there is another opportunity, until then I will keep you guys posted. Thanks.
Chart PatternsTechnical IndicatorsTrend Analysis

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