Recovery, short term
Going long if the 30 min candle closes green here. Set up to close in on MACD 30 and moves 1 hour in range for recovery move to .786
Tools used:
MACD
RSI
FIB
Tools used:
MACD
RSI
FIB
Note
If AUD GDP Q/Q numbers come out low, this will help push a recovery. Announcement at 4:30ish PST I believe.Note
Moving partial limit to 1.62642Trade closed: target reached
Take profit, I have a small position still riding this up. Always set a stop loss!
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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.