Glan28
Education

AUDUSD TEXTBOOK LONG SETUP

FX:AUDUSD   Australian Dollar / U.S. Dollar
This is an educational post. We have here beautiful lrice action on the audusd 4 hour chart. As you can see price broke through descending trendline and made a retest of that broken trendline which was also aligned with horizontal support area and 61.8% fib retracement. Price went up to the next resistance, made a new retracement and then shoot up to the TP.

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