Possible BUY on AUDUSD (Gold Setup)

22 de mai. de 2020

Looking to go long on this beautiful GOLD setup for AUDUSD. Here's what I see...

• Price looks to be ranging between the identified support and resistance zone. A doji is forming around the support zone signaling a possible reverse.
  
• bullish 200-EMA holding thee price up and giving power to bullish up-trends
  
• MFI is currently in the oversold zone.
  

Will just have to watch and see what happens, but I'm optimistic about this one.

22 de mai. de 2020

Nota

Still long this. Going to hold this position over the weekend.

26 de mai. de 2020

Trade fechado: objetivo atingido

Wow this thing weighed on my patience over the Memorial Day weekend. But I still ended up banking big thanks to such a great setup. Ended up banking 36.8 pips.

My Entry: 0.65214
My Exit: 0.65582
pips gained: 36.8

This thing can still run, but I took what I needed and I'm out. ✌🏾