AUDUSD LONG
Updated
AUDUSDAUDUSD is in a channel on the 1 HR Timeframe. I would not trade solely on this pattern HOWEVER the price is also nearing a zone/support and the Rsi/stochastic is below the 30 level just backing up the long bias. Enter only if we can get a 3rd confirmation such as a Candlestick pattern (engulfing/doji)
SL is 15 pips TP is 80
1/5 Risk to Reward Ratio
Merry Xmas ladies and gents ;)
Note
COMMENT dow below your THOTS ehehe
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