AUDUSD long position now entered. My intraday position is to take this long trade up to new 4hr higher highs at 0.69800.
Nice support zone at this level, bullish trendline, higher low and fib 0.618 level.
Stop Loss - below 0.786 fib & bullish TL
TP - New higher high @ -0.27 fib extension
Nice support zone at this level, bullish trendline, higher low and fib 0.618 level.
Stop Loss - below 0.786 fib & bullish TL
TP - New higher high @ -0.27 fib extension
Trade active
Entry @ 0.68500Note
Nice bounce off the bullish trendline and support zone. I have now moved my SL to entry price and will hold this trade to new higher highs at 0.69800Trade closed: target reached
Profit target hit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.