JustinV253

Looking for a Buy on AUDUSD

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
The market is currently in an uptrend so I will be looking for buy entries on the retracement of impulses. Looking for a price to enter the green Fibonacci levels. For further precision, I was able to find an institutional move within the imbalance of the large buy. Going to be looking to snipe the trade in the highlighted zone. Using a 10 pip stop loss I will be looking for a potential 150 pip take profit. Taking profit on an institutional sell that has not yet hit break even. The market must move up so that institutions can break even on that massive sell.
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