EuroMotif

AUDUSD long scalp reentry: AU has more room up?

FX:AUDUSD   Australian Dollar / U.S. Dollar
Quick plot to show possible re-entry zones for AU long.

This is a followup to my previous trade plan to go long
The original targets in above plan were very close to hit, but the pullback caught my Trailing Stops.
Now looking for possible re-entry because I think there is still some room to the upside now.

Background:
I am actually a longer term AUD bear, anticipating a serious drop yet to come
Since then I have been looking for shorting opportunities such as this recent plan
Then some solid pips of profit came from two way action per this plan
My last plan was to go long again, which worked out very well
Which brings me to my current plan to look for a long scalp, and then short it hard

Comment: Aus CPI report was a slight miss, thus a dip. Dip took out my Trailing Stop with a few pips profit
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Comments

Australia also has much more gold on deck then the others.
Totally in line with TA.
Nice One @EuroMotif
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