OANDA:AUDUSD   Australian Dollar / U.S. Dollar
This is my first trade idea based on confirmatory indicators seeing Eliot Wave completion and potential to break out higher after a retest, so guide entry is 0.65278 with potential to ride to initial tp1 0.65666 and then tp2 0.66666. MACD, SAR and Stochastic all pointing upwards. Wait for opening candle completion e.g. 1 hr to cater for early day movements and then good to go. If confident then buy at market price after the first candle.
Please feedback if you made money on this trade and remember to stop loss professionally so risk less than 5% if suggestion needed.
Good Luck and we welcome new traders to IM Academy to learn more.
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