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JD_FX
Aug 24, 2020 6:14 AM

Long: AUD/USD Long

AUD/USDOANDA

Description

- Potential double bottom formed on the 1hour chart and a W shaped formed
- 4hour chart indicating a reversal pattern as there is a bullish hammer showing and the trend is sitting on a support line
- volume has driven the 7am candle higher than the previous 2 other 4hour candles showing there is an appetite for bullish market
- 2 TPs set inline with previous price levels
- MACD line crossing signal line showing a potential change in direction

Trade closed: target reached

Took slightly longer than expected, but TP1 hit

Trade closed: target reached

Hit TP2
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