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Australian Dollar / U.S. Dollar
Long

AUDUSD Longer Term Buy

By DylanMorgan
Updated
Watch the bottom of the pattern for a longer term buy.
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snapshot
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snapshot price is nearing the buy area. If price does not break the trendlline then I will look for a signal for a long entry.
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snapshot Price is reaching the buy area soon. Watch for a reversal and opportunity to buy the pair.
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Price has given us a great reaction to the bottom of our pattern and now I have a bullish bias on the pair. Before entering long wait for the corrective pattern to fully form to get the best risk to reward ratio.
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