AUDUSD Long if Bounce from Trendline
Updated
We missed the entry for this long last week so we are hoping for the market to open bearish and run down to re test the ascending trendline.
If this happens we are looking for Bullish candle formations within our marked yellow zone, which is on the trendline, on support level and in a decent Fib area.
If we can find an entry for this Long position we expect the market to run up to weekly Resistance of 0.81016.
If this happens we are looking for Bullish candle formations within our marked yellow zone, which is on the trendline, on support level and in a decent Fib area.
If we can find an entry for this Long position we expect the market to run up to weekly Resistance of 0.81016.
Trade active
Order was triggered.Trade active
Currently +52 Pips.SL moved to 0.79000 Locking in +20 Pips
Trade closed: target reached
Target Hit.
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