AUD/USD long vs short battle on 27/7
red down parallel trend= recent correctional trend
green up parallel trend= second upward trend
purple rectangle= recent battle field (0.709~0.712)
blue rectangle= recent long-side support (0.707~0.708)
pink circle = recent testing upward trend support
supporting line : 0.703~0.704
Personal comment:
Obviously, the momentum for moving up is lower than before.
On 27/7, doing day trade hourly is fine. Just trade within 0.708 (long) & 0.710(short)
stop lost position / stop gain position: Red downward trend line & Green upward trend line
Yes, it is not that profitable and risky
Without any bad news from geography politics, AUD/USD may be struggling between 0.708~0.712 at least a week.
I don't see any positive momentum to push AUD getting higher and higher temporary.
green up parallel trend= second upward trend
purple rectangle= recent battle field (0.709~0.712)
blue rectangle= recent long-side support (0.707~0.708)
pink circle = recent testing upward trend support
supporting line : 0.703~0.704
Personal comment:
Obviously, the momentum for moving up is lower than before.
On 27/7, doing day trade hourly is fine. Just trade within 0.708 (long) & 0.710(short)
stop lost position / stop gain position: Red downward trend line & Green upward trend line
Yes, it is not that profitable and risky
Without any bad news from geography politics, AUD/USD may be struggling between 0.708~0.712 at least a week.
I don't see any positive momentum to push AUD getting higher and higher temporary.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.