AUDUSD 30 m - Using Trend Lines for Entry & MA's for TP
AUDUSD has been on a strong push up for days. There will be natural short pull backs in the 5m, 15m and 30m charts. We are using trendline breaks for entries for short and long. When in a short trade use the 50 sma and 100 sma for TP levels. There will eventually be a short reversal but don't get in the way of this bullish strength yet.
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We have many different strategies to learn on our blog and we are constantly coming out with new strategies for traders to learn every week. Visit us below on the website, Twitter or Facebook.
We have a new professional breakout trading strategy posted on our website using the VWMA. Check it out.
Watch for our new “Five Candle Mastery Trading Strategy”.
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