AUDUSD - Potential Long
Trade Idea with LT
DIRECTION: Bullish
Trap/Stop Hunt/Correction: Sells Trap
COT/News: a few news this week that can affect the price. we will be waiting on the COT data to come out this Tuesday(27).
Entry: up to you
Price Action: Price is at the bottom of the trend line in which we are looking to trade long because our bias is bullish. At the moment it is hovering under the counter trend line which is a good sign of price trapping sells order to continue up. Depending on how strong the break is we can go all the way up to the top of the trend line or more. if not then we might see some range happening before our long run.
Be Patient and risk well
Lorenzo J Tarati
DIRECTION: Bullish
Trap/Stop Hunt/Correction: Sells Trap
COT/News: a few news this week that can affect the price. we will be waiting on the COT data to come out this Tuesday(27).
Entry: up to you
Price Action: Price is at the bottom of the trend line in which we are looking to trade long because our bias is bullish. At the moment it is hovering under the counter trend line which is a good sign of price trapping sells order to continue up. Depending on how strong the break is we can go all the way up to the top of the trend line or more. if not then we might see some range happening before our long run.
Be Patient and risk well
Lorenzo J Tarati
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