Dolar Australia / Dolar A.S.Panjang
LONG AUDUSD
Stopped out last night... RISK MANAGEMENT + RISK/REWARD = EDGE
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1H (lower timeframes) are currently rejecting the Daily level and bullish engulfing. A 4H bullish engulfing above the Daily level would show that the buyers are in control. Confluence with 38.2 fib retrace lining up with a Daily level.
Previous analysis:
- 4H 38.2 rejected, sellers exhaustion on 4H, Daily support (confluence) rejected
- Potential inverse H&S forming on H4, with bullish reversal candlesticks on the Daily timeframe
- Target 1 is -27.2 fib based off of the 4H
- Target 2 is -61.8 fib based off of the 4H
Risk reward = > 4 to 1
Risk management = .30 per $1000
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BTC Tip Address = 16GRNwkudMQbYSyayQDPFLEKhjdBfGyXcK
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1H (lower timeframes) are currently rejecting the Daily level and bullish engulfing. A 4H bullish engulfing above the Daily level would show that the buyers are in control. Confluence with 38.2 fib retrace lining up with a Daily level.
Previous analysis:
- 4H 38.2 rejected, sellers exhaustion on 4H, Daily support (confluence) rejected
- Potential inverse H&S forming on H4, with bullish reversal candlesticks on the Daily timeframe
- Target 1 is -27.2 fib based off of the 4H
- Target 2 is -61.8 fib based off of the 4H
Risk reward = > 4 to 1
Risk management = .30 per $1000
____________________________________________________________
BTC Tip Address = 16GRNwkudMQbYSyayQDPFLEKhjdBfGyXcK
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.