FIP
AUDUSDAUDUSD - LONG SETUP
Price is on an uptrend , since it made a higher high breaking the previous resistance , waiting for the formation of the higher low for our Buy setup.
50% on our Fibonnacci retracement ,
We see price touching the trendline three times, anticipating price to move higher
H2 Morning star candlestick formation shows Bullish momentum
GBPUSDGbpusd has broken a strong trendline which led to a lower low , it made a retracement price is currrently at the 50% fibbonacci level, on our H1 candlestick there is a formation of an Evening star which suggest Bears taking charge, stoploss slightly above the candlestick formation my 1st Target being @1.36111 2nd Target @1.35595 . Risk 18 pips , Reward 80pips , RRR 1:4