AUD/USD - Bullish Divergence - Bullish Trend Reversal
Overview
AUDUSD was in a bearish trend. However, bullish divergence was formed and price formed a higher high followed by a higher low!Analysis & Plan
After formation of bullish divergence on
AUDUSD, price formed a higher high followed by a higher low. This is a strong indication of formation and continuation of a bullish trend. We enter a long position on break of HH and expecting price to continue the bullish trend!Disclaimer
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