Potential Long oportunity for AudUsd??
Updated
The Aussie has been bearish against the Dollar since 19th April (or Dollar has been strengthen).
0.7505 is the key level of support.
I am "betting" that Head & Shoulder pattern is likely to form **IF the coming 4hr candle closes with a long tailed bullish Pin.
Will update my Entry, SL and TP in an hour **IF it is a bullish Pin.
** Please do your own due diligence **
** This is not a Buy / Sell recommendation **
0.7505 is the key level of support.
I am "betting" that Head & Shoulder pattern is likely to form **IF the coming 4hr candle closes with a long tailed bullish Pin.
Will update my Entry, SL and TP in an hour **IF it is a bullish Pin.
** Please do your own due diligence **
** This is not a Buy / Sell recommendation **
Trade active
Enter on market SL : 0.7400
TP : 0.7588
Trade closed manually
Closed my trade manually for +0.4r as hourly candle closed below 0.7505Call it a week and will have a brand new start next week.
Trade History for May:
Dowjones (+0.7r)
AudUsd (+0.4r)
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