rkarara

TRADE FOR UPCOMING WEEK - AUDUSD - LONG

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
SEE PICS BELOW FOR FULL VIEW!

DAILY CHART
- price was in a strong downtrend
- price may have reversed as price is breaking structure looking left
- price broken above the previous high of 0.73134
- the previous broken high of 0.73134 has been tested as S/R and is an important level looking in the past

4 HOUR CHART
- price making higher highs and higher lows
- possible double bottom formed
- 0.72214 level has been tested as S/R multiple times in the past
- possible entry at 0.72214

1 HOUR CHART
- possible entry chart
- entry could be at current price level

TARGETS
- TP1 0.72946
- TP2 0.73541

Comments

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