AUDUSD good BUY SIGNALL
Since July, the price has been moving between two lines - support and resistance.
And more recently, she came close to the support line and touched it.
I now expect the price to start rising back towards resistance. Both of these lines are quite strong and it serves as a good signal to open a Buy trade.
SL should be installed on the support line, along the border of the support zone. TP - within the boundaries of a strong resistance zone, where they intersect: channel line, level and small resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
And more recently, she came close to the support line and touched it.
I now expect the price to start rising back towards resistance. Both of these lines are quite strong and it serves as a good signal to open a Buy trade.
SL should be installed on the support line, along the border of the support zone. TP - within the boundaries of a strong resistance zone, where they intersect: channel line, level and small resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
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