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ddreamz
Feb 20, 2018 8:40 AM

AUD/USD long Long

Australian Dollar/U.S. DollarFXCM

Description

Hi,

I am looking for trend resumption here.
Daily chart shows huge buying pressure at this major support level. The pin bar from the last week looks scary but it didn't take the price much further and held at this broken line.
I see this as an opportunity since it gives me a chance to place a SL below a line that holds and decent risk to reward ratio.
Looking for targets around the recent high.

Comment

Trade closed: stop reached

First buy - not successful.
Comments
ananAh
short
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