Yeison7

AUD/USD Buy setup

Long
Yeison7 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
As we can see our price has been trending down on the 4TF. On Friday we broke that trendline as we can see on the 4TF. I'm expecting price to retest our breakout zone for then look for a nice long entry. We could expect a nice movement upwards but i will be carefull on how price reacts on our grey zones. So i will be buying for around a nice 100 pip movement upwards to our 1st take profit area. And from there on we will manage our trade and see whats next.
Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.