2ND Long Position For AUDUSD
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After the retracement, AUDUSD has just failed to take the Support. It stays above the Support level, and showing a V-Formation Pattern.
V-Formation is a sign that the buyers are back. So I think the Fed Rate Decision will be a good news for AUD, and probably will bring this pair to Bullish Mode for more further.
Therefore, I decided to take the 2nd position :
BUY @0.7085
STOP LOSS @0.7040
TAKE PROFIT @0.7155
I don't know really. I share this so I can learn from the best. Please share your comment to correct what I share :)
It may go up, it may be not.
This is just analysis and my perspective. This is not a signal or a suggest, so trade based on your own favor :)
Good luck!!!
Cheers!!
V-Formation is a sign that the buyers are back. So I think the Fed Rate Decision will be a good news for AUD, and probably will bring this pair to Bullish Mode for more further.
Therefore, I decided to take the 2nd position :
BUY @0.7085
STOP LOSS @0.7040
TAKE PROFIT @0.7155
I don't know really. I share this so I can learn from the best. Please share your comment to correct what I share :)
It may go up, it may be not.
This is just analysis and my perspective. This is not a signal or a suggest, so trade based on your own favor :)
Good luck!!!
Cheers!!
Trade fermée: cible de profit atteinte
After The Fed's Rate Decision and some couple negative comment at the Press Conference, AUDUSD started to get Bull Momentum. Now, it's reached Take Profit with good pips. :)Cheers!!!
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