ChilhoodTraders

AUDUSD Trend Shift - Strong Buy

Long
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Technical Side:

1- Double bottom formation
2- Liquidity Sweep from the major
support area
3- Price crossed EMA on 1H

How to Trade:

1- Wait for market to create swing high above previous high.
2- Entry at Retracement 0.5 after MSB

Other Scenario:

1- If Market closed below Rejects 0.64000 Look for sell.

NOTE:
Always Place SL, Manage your risk according to your account size.
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.