AU D Buy Idea 5/8/24
Daily bearish trendline has broken and is now being retesting, so I am now looking at buys.
There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish.
This will have EMCers looking for entries Thursday or Friday to take price up to around .66722 for a -.27 TP.
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish.
This will have EMCers looking for entries Thursday or Friday to take price up to around .66722 for a -.27 TP.
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
Note
1:3.8RR completed Note
1:5.1RR completed Transaction en cours
1:22.8RR completed Transaction en cours
In my opinion, buys are still currently valid. Price is currently in a bit of consolidation, so we will have to wait and see what this week has in store.Transaction en cours
Structure has not broken so I am still currently bullish from a higher time frame perspectiveTrade fermée: cible de profit atteinte
TP -27 and -61.8 hit on this idea. I've been trading futures so I didn't make it to TP with this idea. BUT it did get there.
Catch profits with me!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Catch profits with me!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.