AUDUSD has created a double bottom at 0.7330 level. A long is recommended when price pulls back to support level (the yellow areas)
Trade Plan:
- Buy limit @0.7390
- Stop loss under 0.7330
- Take profit @0.7600.
Trade Plan:
- Buy limit @0.7390
- Stop loss under 0.7330
- Take profit @0.7600.
Trade active
Buy limit @0.7390 was hit. Stay Tuned.Trade closed manually
Price broke down to 0.7340 level. It seems like the pattern will fail. I decide to close the trade manually at this level.
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Related publications
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.