I am posting this chart hoping to see
AUDUSD
remain in an upward trend.
This charting is based on Trend lines (Shown in yellow) as well as long term support found in the blue rectangle
The blue rectangle has been an area of support for
AUDUSD
in the past for higher time frames.
This most recent turn of the market towards a bullish market is a good confirmation to me that I would be looking to buy
I've listed 2 TP Options at
0.70140 (160 PIPS)
0.70650 (200 PIPS)
My Entry would be in the range of 0.68385-0.68845
I would expect a little hesitance around 0.69285 before pushing towards TP options
This is not a recommendation to take this trade based on my charting, & for educational purposes only
AUDUSD
remain in an upward trend. This charting is based on Trend lines (Shown in yellow) as well as long term support found in the blue rectangle
The blue rectangle has been an area of support for
AUDUSD
in the past for higher time frames. This most recent turn of the market towards a bullish market is a good confirmation to me that I would be looking to buy
I've listed 2 TP Options at
0.70140 (160 PIPS)
0.70650 (200 PIPS)
My Entry would be in the range of 0.68385-0.68845
I would expect a little hesitance around 0.69285 before pushing towards TP options
This is not a recommendation to take this trade based on my charting, & for educational purposes only
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