Description
⋅ Good Evening.
this is an AUDUSD chart on M30 time frame. this is a price reversal after Fridays Non Farm Payroll report and new 30 month low.
this morning south African time price reversed with a huge Bullish candle from 0.71000 up to 0.71201.
with further momentum, we have registered our first HIGHER HIGH at 0.71300 before market correction down to 0.71090 for our first HIGHER LOW
as a result I have been able to draw an uptrend channel with an Entry at 0.71170 and Stop Loss at 0.71060.