TheSignalyst

AUDUSD - Follow Your Friend ↗️

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hello TradingView Family / Fellow Traders,

πŸ“ˆ AUDUSD has been overall bullish, trading inside the rising channel in blue and it is currently approaching the lower blue trendline.

Moreover, the zone 0.665 is a robust support zone.

🎯 Therefore, the highlighted blue circle represents a significant area to consider for potential buy setups, as it marks the intersection of the green support and lower blue trendline acting as a non-horizontal support.

πŸ“š As per my trading style:
As AUDUSD approaches the blue circle zone, I will be actively searching for bullish reversal setups to capture the next bullish impulse movement.

πŸ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

This analysis is done using RichTL
www.RichTL.com

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