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Australian Dollar / U.S. Dollar
Long

Potential 80+ pip trade

By MartialChartsFX
Updated
Expecting AUDUSD to rise to near 0.78 at the top of the current consolidation zone. AUDUSD recently broke out of a bullish wedge on the daily and ranging between 0.7680 and 0.7820. There is completed double top formation on the 4 hour chart and this next move would be a retest of the neckline. There's also a nice pinbar (dragonfly doji) at current support on the 4 hour.
Trade closed manually
50+ pips gained before price reversed at 0.7766. Trade should have been closed once reversal detected.
Trade closed: target reached
AUDUSDaudusd60minaudusdlongaudusdsignaldaytradeintradayscalpSupply and DemandSupport and ResistancetradeideaTrend Analysis
MartialChartsFX
The Charts Are My Art.
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