Australian Dollar / U.S. Dollar
Long
Updated

Trade Plan July Week 1 AudUsd

86
Trend is up. Trade the trend.

If AU shows bearish candle reversal at Daily h/l. Short back to 1/2 or 50%.
Otherwise, if price reached 0.75186, wait for retrace back to daily h/l for a formation of bullish reversal pattern or breakout of 0.75186 to catch the ride up to 1/4(0.75615)

No significant bearish divergence at the moment.

Based on nMike clones Technique
Thou this is not cloning technique but fundamentals are the same

Refer to link below for tutorial. The tutorial is for educational purpose.

USDCAD weekly Range Cloning analysis.....cautiously bearish
Note
snapshot

Require a breakout from Major S/R for further upside

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