AUSTRALIAN DOLLAR/U.S. DOLLAR to BUY
Updated
Market nearing a change in trend for a buy.
RSI signaling oversold area at 40.
RSI reading 20-40 is in the oversold area.
Wait for the bottom to get in on buy.
DISCLAIMER;
Trading carries risks, ideas are for guideline purposes only.
Do set stop losses when trading & be generous with how much room allowed for candle wicks.
There is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
RSI signaling oversold area at 40.
RSI reading 20-40 is in the oversold area.
Wait for the bottom to get in on buy.
DISCLAIMER;
Trading carries risks, ideas are for guideline purposes only.
Do set stop losses when trading & be generous with how much room allowed for candle wicks.
There is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
Note
Harmoic pattern for market. Also note, market has now hit bottom.
Disclaimer
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