2018May03 AUDUSD H1 Trend Continuation

I am bullish with the AUD. There appears to be a new uptrend for AUDUSD. This is fundamentally supported by a positive AUD Trade Balance earlier today. I am looking for a pullback on AUDUSD at the 78.6 Fibonacci retracement level. Stop loss is just below the previous swing low and take profit is at the recent swing high. Details are as follows:
Entry = 0.74965
SL = 0.74849
TP = 0.75392
This is a set and forget approach. I set the expiration to end of day. If not triggered, this trade would get canceled by the end of this trading day.