A SHORT TERM DIRECTION FOR THE AUD/USD PAIR

The pair is on a long-term correction probably for the next few weeks to the area that I earlier on pin pointed. As we are well aware, the market will never move in a straight line. it will always move in waves. To my own interpretation, the market has made its first move up and is not resting. Lets take advantage of that move. our risk is 18 pips and our reward is 52 pips.

Trade Smart Fellows. All the best

Comment:

This trade has been invalidated by the market structure. We wait for the price to get to the supply area on the daily time frame

Comment:

Our trade has been hit. we break even on this trade. Those who took the trade, congratulations. you made between 17 - 23 pips. Cheers