another possible setup, although the slope of the 50 and 100 lines aren't that strong.
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Dislikedthanks beeker
hope everyones trading is going good
check this chart out
audusd 4h
crazy uptrend as u can see the 100 is pinned to the top and as long as thats the case look to buy only. the 20 and 50 did fluctuate up and down but the 50 remained mostly above the 80 line just like the 100 stoch. i added a 9 3 3 stochastic. it might help u get better signals since it doesnt cross up and down as much as the 5 3 3. nothing major or necessary u dont really have to worry about adding it coz once u gain that visual experience u wont even need a 5 or a 9 stoch u would just need the 20 and 50.
take care everyoneIgnored
Dislikedyes but when you look at today chart, you can see that price has bounced down on yesterday high is now giving strong sell sign... i would wait for the sell sign to end on H1 before thinking going long on this pairIgnored