AUD/USD Hints on Bullish direction?

2019年4月17日

My mentor often tells me to trade what I see and not what I think. Here's what I see...

- A resistance zone being retested... So we can either get a breakout or a reversal... Obvious stuff...
- A broken trendline... confirmed closed candles above trendline indicates upward movement towards the resistance, which it did and is in the process of being retested...
- Then there is the crossover of the moving averages

So I'm going to say that If we can see a confirmed breakout candle above the resistance then we are going Bullish on the trade. We'll have to wait and see...

2019年4月22日

註釋

Waiting for bearish candle to close below trend-line to avoid fake-out...