AUDUSD - 618 Retracement complete, Possible Long entry x 2
AUDUSD - 618 Retracement complete, Possible Long x 2 entry/b]
Pullback off 618 noted from the last swing acknowledged
CRAB 1618 EXT not complete but possible bounce here for first trade before moving down to complete 50 pips below
Could buy here and again at EXT price, depends on your Execution plan
Small divergence over 2 days noted now, as we move back into the normal RSI zone
FULL pattern Divergence also showing.
DAILY Trendline support at 768 retracement
Pullback off 618 noted from the last swing acknowledged
CRAB 1618 EXT not complete but possible bounce here for first trade before moving down to complete 50 pips below
Could buy here and again at EXT price, depends on your Execution plan
Small divergence over 2 days noted now, as we move back into the normal RSI zone
FULL pattern Divergence also showing.
DAILY Trendline support at 768 retracement
Note
Moving along nicely, more upside possible for the short term managed trades.Resistance shown and monitoring the 50 RSI as we approach
Note
Target 2 imminent and expectedNote
Keep on truckingFollow the RSI
Note
RSI brokenTL broken
have closed 2/3rds position, leaving 1/3 open until R1 support os broken, I won't even wait for break even on the 3rd position if broken and close for final profit on this pair
Note
Looking to complete our trade and ready for a reversal.
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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.