Australian Dollar / U.S. Dollar
Long
Updated

buying retest of broken support

587
snapshot

hey guys,

though, many people blame me for trading against the market sentiment,
I have one more counter trade for you today :)

aussie dollar is standing on a significant support level.
snapshot

as the market approached this level 8th of Feb, it pulled back
we saw one more attempt to break this level,
however, the market touched it and bounced breaking a local support.

now we have a chance to buy the retest of broken resistance.

the initial target is based on the range of a pattern.

stop below the tops.

good luck!
Trade active
Note
Market goes lower
Note
bounce up
Note
almost hit the target

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