AU has been trending higher, making higher highs and higher lows.
Chart below:
Price has recently pulled back to the 50% Fibonacci Level.
Price has now moved back up through the moving averages and made an immediate higher high.
I am looking for a long position as detailed below.
Levels and charts below:
1st Entry: 0.9115
2nd Entry: 0.9110
Averaged entry: 0.9112
Stop Loss: 0.9095
Target: 0.9215
I will update again should the position be opened.
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