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AUDUSD - Trade Idea

Long
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
Trade-Insider Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns AUDUSD audusdsignal audusdlong audusdforecast audusdanalysis audusdbullish audusdidea
2
0
trendanalysis chartpattern audusd audusdsignal audusdlong audusdforecast audusdanalysis audusdbullish audusdidea
AUDUSD looks pretty bullish on Weekly and Daily chart. And I'm going to take that trade. If we switch to H4 chart, we can see that the price rejected from short-term trend line, which means that we can see some pull back down to the 0.7150 zone. So my trading idea is:

AUDUSD BUY 0.7160 - 0.7115
SL 0.7060
TP 0.7300
TP2 0.7390
TP3 0.7490

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Comment:
AUDUSD running with +110 pips, nears TP.. time to move SL at 0.7190.. book 50% of profit when price reach TP1 and wait for TP2
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