Potential long position on AUDUSD - Perfect reversal point. - .618 Retracement - Extension 1.272 @ previous resistance level - WAITING ON TRADE ENTRY. Still no valid entry for me however may be soon. Looking for valid entry in yellow zone.
Note
Never entered this trade, had no valid entry. I decided to short it due to my rules, though this could be a reason to go long if you wanted to.