AUDUSD Long Daily / 4hr Chart
Trade Pair: AUDUSD
Positioning: Long
Thinking:
Entry Price: 0.67226
Stop Loss: 0.66515
Take Profit: 0.67994 or trail the stop if you see a strong move 0.68000
Please ensure you use appropriate risk management.
Happy pip hunting!
Positioning: Long
Thinking:
- AUDUSD has bounced off the 100 SMA on the daily chart and worked as support.
- Price has closed above the 50 SMA on the daily chart
- Price looks like it is recovering from a pullback
Entry Price: 0.67226
Stop Loss: 0.66515
Take Profit: 0.67994 or trail the stop if you see a strong move 0.68000
Please ensure you use appropriate risk management.
Happy pip hunting!
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