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Long AUD/USD
Australian Dollar / U.S. Dollar
Long
Long AUD/USD
By ChinaHelloWorld
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Updated
Nov 11, 2024
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Nov 11, 2024
The price retracted, but not break through the short term up trend channel and the big side-way channel.
The price already moved out from the middle term down trend line.
There would be the third wave and fifth wave to South.
Maybe open long trade in multiple support positions to lower the risky.
The ideal take profit position could be in the big side-way channel top line area.
Nov 11, 2024
Trade closed manually
Close with loss, the price go to south and breakout the short term up trend channel bottom line.
Nov 11, 2024
Note
Instead of long AUD/USD, it possibly needs to consider short AUD/USD soon. Since EUR/USD already break out to South. Short AUD/USD
Technical Indicators
Trend Analysis
Wave Analysis
ChinaHelloWorld
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