AUDUSD has created a double bottom at 0.7330 level. A long is recommended when price pulls back to support level (the yellow areas)
Trade Plan:
- Buy limit @0.7390
- Stop loss under 0.7330
- Take profit @0.7600.
Trade Plan:
- Buy limit @0.7390
- Stop loss under 0.7330
- Take profit @0.7600.
Trade active:
Buy limit @0.7390 was hit. Stay Tuned.
Trade closed manually:
Price broke down to 0.7340 level. It seems like the pattern will fail. I decide to close the trade manually at this level.
