onewhitmore

AUD/USD LOTS OF BULLISH PROFITS TO BE HAD

Long
onewhitmore Updated   
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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.