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PetarJacimovic

AUD/USD - Accumulation phase completed, target 0.7900

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
PetarJacimovic  
FX:AUDUSD   Australian Dollar / U.S. Dollar
7
0
I found 5 days base (accumulation) according to 30M chart. Price broke the base in a high volume and healthy price action and confirmed effect phase.

SL is set at 0.7450 and target at 0.7900

Risk reward ratio in this setup is 1:6

Feel free to comment if you like analysis >

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