AUDUSD - ABCD move at channel bottom

Hey guys, last week we had a setup on AUDUSD which was invalidated as price broke below PRZ.

This week, I see a potential bounce off this ABCD pattern.

Pattern Identification

ABCD pattern completion at 0.7460.

Trade Execution

Price is currently trading within this H4 channel.

I drew a trendline connecting the lows.

If price retests the trendline connecting the lows, we might have a low risk long.

EP: 0.7460
SL: 0.7420 (40)
TP: 0.7550 (90)