After Testing Previous Support Zone On The 4 Hour Multiple Time We See A Wick Off the 4 hour candle at trendline support of lower end of channel and the previous support zone.

The next movement expected with this bullish bounce from key area is the top of channel and possibly to the next 4 hour resistance high.

After longing to TP 1 you may sell partial profits and go risk free to TP 2 on secondary positions.
Note
snapshot updated stop placement
audNZDTrend Analysis

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