Aussie Dollar is making nice bullish waves on the 4hr and daily timeframe. I am looking to capitalise on this and enter another long position on the nexxt higher low that forms.
I have a few confluences to look for.
1 - previous support/resistance zone on the last highs (coloured box)
2- Bullish trendline
3- Fib retracement levels (0.618 is in the coloured box support zone)
Entry upon rejections of the fib 0.618 and support zone or the fib 0.786 level and trendline.
I have a few confluences to look for.
1 - previous support/resistance zone on the last highs (coloured box)
2- Bullish trendline
3- Fib retracement levels (0.618 is in the coloured box support zone)
Entry upon rejections of the fib 0.618 and support zone or the fib 0.786 level and trendline.
액티브 트레이드:
Entry price of 0.68500
코멘트:
Bullish trendline and intraday support zone held strong. Looking for 0.69800 profit target next
거래청산: 타겟 닿음:
Profit target at 0.69800 reached :)
