onewhitmore

AUD/USD LOTS OF BULLISH PROFITS TO BE HAD

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
There's still lots of profit opportunity on this trade. Friday close saw the paid just completed on a gartley pattern and is now heading towards profits areas.

There's also a lovely inside bar as pointed out on the chart. You can look for this resistance line to be broken before entering the bullish trade.

Looking for target 1 hit at 0.382 extension, and then rolling stop loss to breakeven as I look for much higher profit towards the top resistance line around 0.75002.

Comment: Target 1 hit at 0.382 retrace. Further stops moved to break even and letting it run for a while. Second target looking likely at 0.618 retrace.
Comment: RSI is still bullish.
Comment: 0.618 retrace target hit. Closing trade!
Trade closed: target reached

Comments

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