AUDUSD is a very Simple Trade so based on my Analysis, on The Daily TF, we had a very Good Confirmation on the Daily Resistance Level and it also Gives us A good Candle Candle Stick pattern Of A price rejection, so that means the Buyers a Having A very Weak power to push price higher.
On the H4 / H1 TF We have a Trend line and it is very Easy to Notice and also very Clear that the price broke the trend line went to zone 0.70825, and Retested the Trend line 0.61 Fib Level.
So Basically we are on a good send Entry point 25 pips stop loss is actually very Good risk on this trade total pips on TP1 126 pips and TP2 gives us 150 pips
So Sell AUDUSD
SL: 0.71313
TP1: 0.69790
TP2: 0.68287
Good luck guys
Please do not Forget to Like And drop a Comment on what you think about this analysis, Comments are very important please guys thank you.
On the H4 / H1 TF We have a Trend line and it is very Easy to Notice and also very Clear that the price broke the trend line went to zone 0.70825, and Retested the Trend line 0.61 Fib Level.
So Basically we are on a good send Entry point 25 pips stop loss is actually very Good risk on this trade total pips on TP1 126 pips and TP2 gives us 150 pips
So Sell AUDUSD
SL: 0.71313
TP1: 0.69790
TP2: 0.68287
Good luck guys
Please do not Forget to Like And drop a Comment on what you think about this analysis, Comments are very important please guys thank you.