AUDUSD: Monthly uptrend finally confirmed - Buy the dip

$AUDUSD took ages, but finally confirmed the monthly rally we were anticipating. I already rode it up from the bottom practically, but took profits today at 0.8040. I will try to rejoin this once we get a short term entry signal or if we hit monthly support below. For now, I'll wait and watch. The good thing is this is a big monthly trend and the target is significant, so we can get a lot of great daily trend signals on the way up, and countless add on trades too. Great time to trade Forex, after an excruciating sideways period of like 16 months.

Best of luck,

Ivan Labrie.

액티브 트레이드:

Bam, dip bought.

코멘트:

0.7682 - conservative monthly stop, risk 0.25-0.5-1%

0.77969 - aggressive daily stop, risk 0.25-0.5%

코멘트:

Looking very strong:

코멘트:

코멘트:

$AUDUSD is now ready to move to 0.84+-, confirming on close today possibly.

Looking to add another entry by then.

코멘트:

Ready to move higher from here.

코멘트:

코멘트:

Should have bottomed here.

코멘트:

코멘트:

Critical now, if we break up from here we will rally to almost parity.
Many currency pairs show a rally to parity with the U$S is possible as well