AUDUSD 0.17% has broken out of our long term descending resistance-turned-support line and looks poised to rise further. ![Screenshot_219.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1520848423/unyrac5xpt2amv1xpput.png) Buy above 0.7838. Stop loss at 0.7805. Take profit at 0.7894. Reason for the trading strategy (technically): Price has made a bullish exit of long term descending resistance-turned-support and we look to buy above major support at 0.7838 ( Fibonacci retracement , Horizontal overlap support, bullish exit) for a push up to at least 0.7894 resistance ( Fibonacci retracement , Fibonacci extension , horizontal overlap resistance). RSI (55) has made a similar bullish exit signalling that a change in momentum from bearish to bullish is happening.
post_id | 38,126,101 |
---|---|
author | wattoo |
permlink | audusd-has-broken-major-resistance-time-to-buy |
category | busy |
json_metadata | "{"tags": ["busy", "org", "forex", "trading"], "format": "markdown", "image": ["https://steemitimages.com/0x0/https://res.cloudinary.com/hpiynhbhq/image/upload/v1520848423/unyrac5xpt2amv1xpput.png"], "community": "busy", "app": "busy/2.4.0"}" |
created | 2018-03-12 09:54:21 |
last_update | 2018-03-12 09:54:21 |
depth | 0 |
children | 0 |
net_rshares | 169,641,863,833 |
last_payout | 2018-03-19 09:54:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.452 SBD |
curator_payout_value | 0.074 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 783 |
author_reputation | 4,999,066,211,110 |
root_title | "AUDUSD has broken major resistance, time to buy" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
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manosteel211 | 0 | 1,256,040,918 | 2% | ||
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dexter-k | 0 | 4,344,333,054 | 2% | ||
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coolenglish | 0 | 5,793,701,624 | 2% | ||
businesswri | 0 | 568,314,932 | 2% | ||
harleymechanix | 0 | 1,249,463,023 | 2% | ||
detlev | 0 | 1,354,180,816 | 2% | ||
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szokerobert | 0 | 551,813,032 | 2% | ||
acwood | 0 | 1,555,439,347 | 2% | ||
dune69 | 0 | 533,903,252 | 2% | ||
iveta | 0 | 3,198,513,193 | 2% | ||
bhmcintosh | 0 | 491,078,669 | 2% | ||
suggeelson | 0 | 156,425,373 | 2% | ||
staticinstance | 0 | 41,145,319,053 | 2% | ||
arunava | 0 | 11,380,660,020 | 2% | ||
mxzn | 0 | 1,187,785,775 | 2% | ||
ligit | 0 | 3,702,099,839 | 2% | ||
alphacore | 0 | 1,221,028,039 | 2% | ||
xtetrahedron | 0 | 883,772,023 | 2% | ||
sam99 | 0 | 818,756,877 | 2% | ||
amimohan | 0 | 562,703,078 | 2% | ||
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irfanullah | 0 | 997,223,198 | 2% | ||
duckmast3r | 0 | 750,315,402 | 2% | ||
imransoudagar | 0 | 1,458,867,482 | 2% | ||
mykos | 0 | 557,592,853 | 2% | ||
brandonh | 0 | 978,730,690 | 2% | ||
evbettor | 0 | 600,897,954 | 2% | ||
jpederson96 | 0 | 60,262,386 | 2% | ||
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madstacks | 0 | 2,851,910,320 | 2% | ||
jonbit | 0 | 1,134,053,840 | 2% | ||
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technerd888 | 0 | 705,836,286 | 2% | ||
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popovicsjodie | 0 | 779,209,597 | 2% | ||
plainoldme | 0 | 497,667,198 | 2% | ||
aaronleang | 0 | 427,090,999 | 2% | ||
larrydavid4 | 0 | 1,884,119,475 | 2% | ||
youareyourowngod | 0 | 1,043,438,507 | 2% | ||
shadowbot | 0 | 1,039,644,352 | 2% | ||
funkie68 | 0 | 2,902,800,291 | 2% | ||
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steemflow | 0 | 704,536,007 | 2% | ||
coriolanus | 0 | 59,948,753 | 2% | ||
zoltarian | 0 | 1,403,263,150 | 2% | ||
wattoo | 0 | 1,254,420,583 | 100% | ||
embomb701 | 0 | 1,115,042,645 | 2% | ||
aghunter | 0 | 9,203,345,163 | 2% | ||
herrleger | 0 | 720,274,617 | 2% | ||
rantar | 0 | 546,626,149 | 2% | ||
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cryptoconnector | 0 | 1,644,456,491 | 2% | ||
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peshog | 0 | 547,516,914 | 100% | ||
timmylace | 0 | 1,160,289,733 | 2% | ||
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cryptoburner | 0 | 11,424,488,036 | 2% | ||
feduzzi | 0 | 710,710,515 | 2% | ||
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