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CryptoHotep

$AUDUSD | Nice Bounce Upcoming?

Long
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
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OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD australiandollar Forex priceaction supportandresistancezones EMAS bollingerbandstrategy oanda
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trendanalysis harmonicpatterns chartpattern audusd australiandollar forex priceaction supportandresistancezones emas bollingerbandstrategy oanda
Simple idea here: AUDUSD breaking below lower Bollinger Band with several following candles showing slowed down trend. If we close the current (circled) candle successfully fully above the bottom band, simple is expected. Next resistance lines are noted (drawn off the daily with at least two touched) with the Stop Loss & Take Profit also highlighted. Easily can clear this but have to take in account 20 MA and also that the RSI is not at extreme levels so not expecting a huge move.
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