Theto_Morifi

AUDUSD Long Trade Idea

Long
Theto_Morifi Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
I have been watching AU for a while now and things had been a bit unclear. However AU is showing a promising
move to the upside in target of the 0.7500. There is a confluence level of more than one degree of waves.
Confirmation is also provided by the base channel that is supporting the current wave 4 leg. I will be looking to
trade the fifth wave of this setup.

Let me know what your perspective is on AU, if you like this chart, don't hesitate to let me know by hitting
the likes button and commenting below. I hope you're having a lovely trading week.

Trade active:

SL moved to break even
Comment:
Simplified and improved version

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.