Veejahbee

AUDUSD - BULLISH CONTINUATION TRADE SETUP (SECOND ENTRY)

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
I'm revisiting the AUDUSD bullish trend continuation trade setup. After the first setup I posted earlier shy few pips from our 1:4.1 TP zone, we had a slight pullback to the broken daily swing level. Since the price has made a decent retracement to our confluence level and gives us an excellent Counter Trend Line placement, we have the potential to see a further leg up after the proper break of our CTL.

Find the link to the previous analysis below.

Thanks for reading.

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.