AUDUSD is in a Ascending triangle pattern which has ussualy break to the upside, but a lot of the time can lead
I am looking to either buy on the uptrend line or buy the break of 0.72100.
If the price falls below 0.71400, the setup will be considered as invalid.
Break buy - Buy break of 0.72100 and take profit below 0.72680
Uptrend buy - Buy on the uptrend line and take profit at resistance
There is a exaggerated bullish RSI divergence.
Good luck!
Tibor
I am looking to either buy on the uptrend line or buy the break of 0.72100.
If the price falls below 0.71400, the setup will be considered as invalid.
Break buy - Buy break of 0.72100 and take profit below 0.72680
Uptrend buy - Buy on the uptrend line and take profit at resistance
There is a exaggerated bullish RSI divergence.
Good luck!
Tibor
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Trade was canceled
