Welcome to theblaqxamurai official blog. This blog was set up solely to help the newbie and inexperienced traders out there gain little bit of profits here and there while still learning the rudiments of the game called forex. I am not the god of forex neither am i a forex guru and so you should not expect high heavens around here because my system and signals are not loss-proof however, i do my best to minimize loses and maximize profits and that is why am still a player in the game.
Google Search
Custom Search
Tuesday, April 5, 2016
AUDUSD Technical Outlook on 1hr chart
AUDUSD 1hr shows a possible attempt at testing failed support turned resistance at 0.76000 psycholigical price level. AUDUSD is expected to find resistance at 0.75900/0.76000 region at point (A) as indicated on the chart.
Trade recommendation;
Sell at any point within resistance zone provided by lower band of the broken descending triangle at 0.75900/0.76000
Stop loss should be above 0.76430
Take profit: 0.75000/0.75100
Disclaimer: Our trade advice is only informative. #TradeAtYourOwnRisk
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment