AUDUSD longs after TL break
With the massive monthly bearish engulfing on DXY last month, all XXXUSD pairs should be good for longs over November if the set-up is right.
For AUDUSD I am waiting for the break of my descending TL and a correction/pullback/retest before going long for around 150pips to my next weekly resistance level @~0.70275.
Ideally I would like price, after breaking the descending TL, to retrace back to my Daily Order Block which has formed before looking for a long confirmation but I will be watching PA carefully as this looks to be a move I don't want to miss.
For AUDUSD I am waiting for the break of my descending TL and a correction/pullback/retest before going long for around 150pips to my next weekly resistance level @~0.70275.
Ideally I would like price, after breaking the descending TL, to retrace back to my Daily Order Block which has formed before looking for a long confirmation but I will be watching PA carefully as this looks to be a move I don't want to miss.
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.