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YassineMahmoudi

H4 double bottom @ demand zone

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
YassineMahmoudi Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
8
1
trendanalysis harmonicpatterns chartpattern
H4 double bottom @ demand zone
Comment:
The trade so far is + 10 pips.

Heavy Aud News @ 11:30 pm ET (8 hours from now).

The market can retrace (for about 30-40 pips) to the fresh demand zone in the area of 0.7812-0.7790.

You can take profit now or and reenter with another Buy limit @ 0.7800 with the Same stop loss and take profit.
Comment:
Entry long of 0.7800 active
Trade closed: stop reached
Comment:
Market went 6 pips below our Stop loss then revered in our direction! Stop loss was too tight :(
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