SickNick84

AUD/USD Breakout and 618 retracement

Long
SickNick84 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
A good breakout of a triangle followed by a correction to the 61.8 fib level which just so happens to be on the 200 SMA. A really good confluence like this providing a high probability trade. Unfortunatly i missed my entry at the 61.8 level but will re eneter if price coomes back down to the 50 before making another impulse up.
Trade closed: target reached

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