We are in a clear uptrend and yesterday we overcame the falling trendline since November. The trend hasn't exhausted yet and today we have retraced the rise over the past 3 days. The trend may continue now.
Trade fermée manuellement:
I am closing this deal now. I don't consider this a good idea any longer. There is one thing I didn't realize: It's the divergence of the MACD. This means that the trend may correct deeper than thought and may be even end. A look at the 4 h chart even supports this view. There is a consolidating falling MACD already and an outflow of capital from the AUD. Thus I think that it's better to be not involved herin at moment and will close the position at almost zero loss now.