captain_smollett

AUDUSD. Possible long next week

captain_smollett Telah dikemas kini   
FX:AUDUSD   Dolar Australia / Dolar A.S.
Australian Dollar may be finishing the push down and start a new ascending impulse. This would coincide with the expected weakness of the US Dollar.

I will looks for longs at 0.74-0.7985 levels, targeting 0.80 by the end of October. Stop Loss order will be placed at 0.7290 as it will invalidate the Butterfly pattern I´m chasing.
Komen:
I think the pair still has to re-visit lows, will sell from 0.77000, targeting 0.74
Dagangan aktif:
Sold 0.7715 and 0.7700. Moved at breakeven and holding shorts now. Not sure if it gets to 0.74 but 0.75 looks pretty realistic
Komen:
Both patterns invalidated. I stay short until the end of DXY bullish run

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
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