Trade Based On Chart For AUDUSD

Long AUDUSD based on price action. The best candles are we see 2 times of pin bars.

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Seems the price gets good support at 0.71940. Let's be more patient to see what will happen next. Prepare to entry at lower timeframe.

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Nice support. I believe you know what to do next. :)

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Take note on the yellow zone.

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You want to long? long anytime within the yellow zone.

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Price really bulls up to 0.72989 today. more than 100 pips earned. Now it shows a long tail pin bar in daily chart, see how it closes tonight.For me, as my entry position is good, I would like to gamble no farm this week.

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Now is 0.73610, to me, around 200 pips earned.

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Seems buyer beat the seller. Earned more than 200 pips now.

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Now 0.74537, around 300 pips earned.

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AUDUSD comes to a strong resistance, Let' see if it can breakthrough 0.752

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Add one more position on 0.733

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This will be a long term one.

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Hit 0.7394,2position 300pips

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Previously hit 0.75, now second entry at 0.733, 2 positions in total 410 pips. Now is 0.74

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hit 0.7503 again, 2 positions(0.733&0.7161 ) earn515 pips. Need to check if can break 0.752

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0.75172 now, check if can break 0.752 today which is important.

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hit 0.7597 break 0.752,will still rally.2 positions 703 pips.

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hit 0.76 out final TP goal.

OuHuangTrading

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