Newmount_Trading_Exchange
Long

AUDUSD Long if Bounce from Trendline

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.
there is also an candlestick engulfing. And it's using 50.0 as support. So its bullish from here?
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@JoeMatkinFX, Sorry i missed your comment back on the 20th. Hope you got in.
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