AUDUSD Long (FInally) - 4hr engulfing - this is going to fly

Hello all - DuncanForex here with another trade idea

Following USDCAD gaining traction to go short yesterday, AUD finally gained strength overnight and printed a great engulfing candle on the 4hour

I have entered on the break of the high and also have buy limits set at the 50% retracement in case there is some price chopping later - it should enter me in at those better prices too

thanks for looking

I expect USD to be weak through the whole of august.

DuncanForex.com is now live

thanks for looking at my trade idea

Duncan
AUDUSDCandlestick AnalysisduncanforexEngulfing CandleFundamental AnalysisLONGSupply and Demandtradeidea

Related publications

Disclaimer