MtxTrader

AUDUSD Year Long Ascending Triangle

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD has touched the support trendline of the ascending triangle 5 times now, also the horizontal resistance of the triangle setup about 5 times. Price climbs higher and higher, therefore I can safely buy this pair at a breakout of 0.7750 and then after 0.7850. I will be waiting for the "Last Kiss" for this setup, however it could take a couple weeks at least.
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