- 3 UPSIDE ENTRIES EXPECTED
The AUDUSD pair is positioned for a long term bull run to the upside with expected price to @ 0.75000.
However, we should see price taken off above @ 0.72876 to the upside with a consolidation expected @ 0.74200, and then a breakout should take our trade to the top @ 0.75000.
We will take 3 entries to the upside.
First, we will wait for the price to close above @ 0.72876.
Secondly, we will wait for the price to close above @ 0.73582 to take the second entry with our target @ 0.74200.
Finally, we will wait for a breakout confirmation candle to close above @ 0.74200 before taking out the last entry that will take the price to the upside @ 0.75000 and above.
GoodLuck.
The AUDUSD pair is positioned for a long term bull run to the upside with expected price to @ 0.75000.
However, we should see price taken off above @ 0.72876 to the upside with a consolidation expected @ 0.74200, and then a breakout should take our trade to the top @ 0.75000.
We will take 3 entries to the upside.
First, we will wait for the price to close above @ 0.72876.
Secondly, we will wait for the price to close above @ 0.73582 to take the second entry with our target @ 0.74200.
Finally, we will wait for a breakout confirmation candle to close above @ 0.74200 before taking out the last entry that will take the price to the upside @ 0.75000 and above.
GoodLuck.