AUDUSD Long Setup: Buy Entry Near 0.6759/53 on 4-Hour Chart
The previous week's price action in 
AUDUSD formed a strong higher high, higher close continuation bar, suggesting upwards potential.
On the daily chart, Thursday featured a rejection bar, followed by an inside bullish bar that didn't achieve much, indicating a bullish range on the 4-hour chart.
On the 4-hour chart, a pullback has occurred, presenting an opportunity to go long off of support to retest Friday's high.
Buy Limit Entry: 0.6759/53
Stop Loss: Below 0.6745
Take Profit: 0.67920
AUDUSD formed a strong higher high, higher close continuation bar, suggesting upwards potential.On the daily chart, Thursday featured a rejection bar, followed by an inside bullish bar that didn't achieve much, indicating a bullish range on the 4-hour chart.
On the 4-hour chart, a pullback has occurred, presenting an opportunity to go long off of support to retest Friday's high.
Buy Limit Entry: 0.6759/53
Stop Loss: Below 0.6745
Take Profit: 0.67920
Trade active
Trade has entered, so fingers crossed.Trade closed: stop reached
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.
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.