This is my trade setup for the AUDUSD pair. I am going long based on price action. Price broke a previous 1D roof and came back to retest. The candlestick formed a bullish pin bar on the 4h chart. Confirmation on the 1h timeframe.
Looking to short the pound/Yen for this coming week. Watch out for candlestick confirmation as the zone.
This is a buy setup for AUDUSD. Risk/Reward Ratio: 1:3. The market is in an upward trend and the price just pulled back.