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Australian Dollar / U.S. Dollar
Short

AUDUD SHORT

By LetagoLep
Updated
Im seeing quite a good long term trade here. Alternatively wait for price to actually break the new bullihflag or channel. (This would be the safest approach. Considering as well the Aud retail sales release 3am gmt+2.) However entering now would slightly lessen the risk ratio. Close once the upper trendline is broken, Rembere trendlines are also support and reistance.
Trade active
Only close once the 4hr candlestick body breaks the upper trendline and closes. Wicks fall under stop hunts, don't be a victim
Trade active
The H4 wick driven by the Aud medium news was used as a stop hunt, I warned you about this, now we see a clear break of the H4 correction channel. Option to add on your position from this point.
Note
Audusd H1 chart
audAUDUSDDXYTrend AnalysisUSD
LetagoLep

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