Tradingwithtamil

AUDUSD: Who wanna Book a Profit Trade'?

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Traders talk,
Descending trend break-off propels the price range. In a 4 Hr time-frame, AUDUSD pair opens the gate for Buyers whom all are looking for an Instant Profits. The trend break-out pulling the price range consistently to the top this action has the potential to fetch 0.72409, but the impulse impact may tend a simultaneous pullback and throwback action. In this case, the price range will first visit the 0.70777 and 0.72409-later.

On the contrary, if the price range continued to decline after the pullback action @ 0.70777 close the trade @ 0.69929.

Signal Specification

Entry: 0.71290

P.E: 0.70777

Tp: 0.72409

Sl: 0.69929

R/R: 1.92

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