J_Graystone

AUDUSD Trend Continuation Trade Set Up

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
546 views
8
looking for market to retrace back into previous structure and if my entry rules are met, potentially get involved with this trend continuation trade on the 60.

Good luck in the markets.

Comments

This market has been bouncing between 0.745 and 0.77 levels since July and it’s hard to predict rather to go long or short at this moment. You can have a better picture about what I’m saying on the daily chart.

At this moment the market is at a very important resistance area (0.75) and I’m waiting for a PA signal to make a prediction before taking any decision.

Good luck with your trades and keep it up at TE, you are guys are doing a great job :)

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