JasonGraystone

AUDUSD - Bullish Trend Continuation Trading Opportunity

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
14
Since the bullish rotation on this pair, we have come up and tested previous support on the higher time frame but Im predicting that the next level of previous resistance at 7800 will be tested next.

With that bullish bias, we see recently on the trading time frame that we are now coming down to test previous support which provides us with a decent trading opportunity allowing stops to be tucked under the previous lows and looking for a retest of the recent highs.
There are a few filters I need in place before entering however. we also have a deep gartley pattern formation down at 7636 which can be used as a reason for entry into this trade.

taking target profits as if it were a trend continuation trade.

Its Non Farm Friday today so be careful out there!

See you in the live room where I will be explaining this trade in more detail.

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