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Ubaydullayev_FX

Descending three touch

Long
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
Ubaydullayev_FX  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis
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trendanalysis
Price makes a nice formation, descending channel after an aggressive drop. Price rejects on three touch pattern and we can get in trade. Long position with two targets:
1- Descending trendline
2- Top of the channel
Stop would be 20-25 pips below
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