848evo
Long

[TRADE] (RR=1.79) AUDUSD Possible Resistance Breakout

FX:AUDUSD   Australian Dollar/U.S. Dollar
45 0 1
AUDUSD             is playing against the upper resistance level which also happens to be the 38.2 fib level, if PA can break this level and close above it, we could see a nice up move. You can choose to take conservative profits at the next resistance line or stay in the trade further if PA can break the falling TL.

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***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.
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