AUD/USD LONG - Break of Trend Line/4HR Morning Star/Daily Hammer
Updated
The pair has broke the trend line convincingly, I was waiting for the Daily candle to close above the trend line. It touched the trend line and was rejected back up, also the daily candle is a Hammer. The 4HR candles have created a morning star.
TP @ 0.77006
SL @ 0.75403
R/R @ 2.54
TP @ 0.77006
SL @ 0.75403
R/R @ 2.54
Note
SL moved to just below new 1HR support.Trade closed: target reached
SL reached, 66% of target profit achieved.Note
was less than 4 pips from achieving target.Note
Should have stayed in the trade.
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