Fair Value Gap need to be filled. Retracement levels from Fibonacci Retracement fits on as well.
Closest FVG - 0.67600 (Approximate price box)
Highest FVG - 0.67750 (Approximate price box)
Will update further as the price retrace.
Closest FVG - 0.67600 (Approximate price box)
Highest FVG - 0.67750 (Approximate price box)
Will update further as the price retrace.
Note
As Durable Goods are mostly not in line as consensus expectations. We see a hourly change of character. Every hour is a bullish overall volume for Australian Dollar; Hourly Volume AUD/USD (NON-DELTA) after Durable Goods
Trade active
Just created a sell limit order at price of 0.67543 targeting the closest FVG on the chart with RRR of 2.If executed correctly, will take partials and continue the position open till 0.66640.
Trade closed: target reached
We've secured 2% with this trade. AUD news helped the trade.
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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.