4H Level explanation
AUDUSD has been trading in a bearish trend for the last days. Now, the price displays a bullish Engulfing pattern.
Possible scenario
The best way to use this opportunity is to place a Buy order at 0.67057
Set your Stop Loss at 0.66157 and Take Profit at 0.67684 and 0.68365
Note : Already rebound with support level. who enter this trade keep eye on it. if broke the support level close your trade immediately.
The upcoming news will not influence your orders within the mentioned period.
AUDUSD has been trading in a bearish trend for the last days. Now, the price displays a bullish Engulfing pattern.
Possible scenario
The best way to use this opportunity is to place a Buy order at 0.67057
Set your Stop Loss at 0.66157 and Take Profit at 0.67684 and 0.68365
Note : Already rebound with support level. who enter this trade keep eye on it. if broke the support level close your trade immediately.
The upcoming news will not influence your orders within the mentioned period.