Description: As shown above we have AUDUSD . Price is currently Bearish , I Posted this pair last night expecting a possible 50/61.8 retracement we can a significant Hammer creating a Triple Bottom just above Weekly Support. the order is still valid however if price closes below 0.786/Weekly Support i would re analyse.
Duration: Long Term
Decision: I will go Long on this pair on the retracement or the break & close above Daily Resistance Targets Outlined.
Thank you for viewing my idea. If you decide to take this trade,please leave a comment and a thumbs up. I will be happy to stay in touch to see how the setup is planning out. Your also welcome to post you analysis below.
Remember to always trade your stratergy... Happy Trading
Useful Information:
TREND: Bullish
INDICATORS: N/A
ATTACHED CHART : YES
Note
Long Very soon await confirmation
Trade closed: target reached
TP 1 Hit Still long for TP 2 depending on next weeks open
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