PsyGuy85

AUDUSD Buy Idea 5-4-2020

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Two possible setups. 1st is close to an entry on the 15 min tf with a 3 pip SL and over 80 pip tp. If price decides to respect this area it will confirm the bullish move. Price can potentially fill in the imbalance and move to the second trade setup.

Second trade idea will play out if the price decides to close the lower instituional candles and fill in the imbalance, which will invalidate the first trade setup. Not worried because it's only a 3 pip SL. Second trade idea has a SL of 17 pips and a TP of 104 pips.
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