Trade idea - AUDUSD Long
4H
Inverse Head & Shoulders pattern potentially in play.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
Market moving in Bull Flag formation.
Fibonacci completions aligning with entry zone.
= Confirmation to place Buy limit.
1.5% risk.
Aiming to take full profit at Daily TP.
Inverse Head & Shoulders pattern potentially in play.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
Market moving in Bull Flag formation.
Fibonacci completions aligning with entry zone.
= Confirmation to place Buy limit.
1.5% risk.
Aiming to take full profit at Daily TP.
Note
MONTHLY
Bullish M pattern can be in play.
Clear support & resistance zone is there.
Ascending trend line can hold up the price.
Note
DAILY
-68 Fibonacci completion aligning with entry zone.
Trade active
ActiveNote
Risk free!Trade closed: stop reached
Out at break even. 
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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.