Expecting AUDUSD to rise to near 0.78 at the top of the current consolidation zone. AUDUSD recently broke out of a bullish wedge on the daily and ranging between 0.7680 and 0.7820. There is completed double top formation on the 4 hour chart and this next move would be a retest of the neckline. There's also a nice pinbar (dragonfly doji) at current support on the 4 hour.
Trade closed manually:
50+ pips gained before price reversed at 0.7766. Trade should have been closed once reversal detected.
Trade closed: target reached
Inventor of The FiReZ Trading Strategy.
The Charts Are My Art.
The Charts Are My Art.