Looking at this graph it can be supposed a long position on AUDNZD.
First of all, looking at Fibonacci retracement the line is about to reach the 0.5 level, usually a significant turning point. This turning point is also confirmed by a support line at the same level. In addition, looking at Bollinger Bands the graph is about to lay on the base line.
Entry price: 1.04503 (0.5 Fibonacci retracement level)
Stop loss: 1.0400 (corresponding both to a support line, and to a level lower than the "lower line" of Bollinger bands)
Take profit: 1.06129
No Financial advice.
First of all, looking at Fibonacci retracement the line is about to reach the 0.5 level, usually a significant turning point. This turning point is also confirmed by a support line at the same level. In addition, looking at Bollinger Bands the graph is about to lay on the base line.
Entry price: 1.04503 (0.5 Fibonacci retracement level)
Stop loss: 1.0400 (corresponding both to a support line, and to a level lower than the "lower line" of Bollinger bands)
Take profit: 1.06129
No Financial advice.
💥 Free signals and ideas ➡ t.me/vfinvestment
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💥 Free signals and ideas ➡ t.me/vfinvestment
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.