Newmount_Trading_Exchange

AUDUSD Long if Bounce from Trendline

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
We missed the entry for this long last week so we are hoping for the market to open bearish and run down to re test the ascending trendline.
If this happens we are looking for Bullish candle formations within our marked yellow zone, which is on the trendline, on support level and in a decent Fib area.
If we can find an entry for this Long position we expect the market to run up to weekly Resistance of 0.81016.
Trade active:
Order was triggered.
Trade active:
Currently +52 Pips.
SL moved to 0.79000 Locking in +20 Pips
Trade closed: target reached:
Target Hit.

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