# AUDUSD Buy Setup Trading Plan
**Entry:**
- Buy on first pullback on smaller timeframe after resistance breakout
- Confirm with bullish candlestick pattern or moving averages
**Stop Loss:**
- Place below broken resistance level
- Approximately around 0.63262
**Take Profit:**
- Target 1: Previous swing high
- Target 2: Next major resistance level (1:2 risk-reward)
**Risk Management:**
- Risk 1-2% of account per trade
- Consider partial profit taking at Target 1
Always confirm breakout with multiple timeframes before entering.
**Entry:**
- Buy on first pullback on smaller timeframe after resistance breakout
- Confirm with bullish candlestick pattern or moving averages
**Stop Loss:**
- Place below broken resistance level
- Approximately around 0.63262
**Take Profit:**
- Target 1: Previous swing high
- Target 2: Next major resistance level (1:2 risk-reward)
**Risk Management:**
- Risk 1-2% of account per trade
- Consider partial profit taking at Target 1
Always confirm breakout with multiple timeframes before entering.
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.