Description
⋅ AUDUSD hitting bottom side of bearish channel and its expected to bounce off.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
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⋅ Typical long term view of AUD waves
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⋅ 3days views that shows new set of impulsive waves
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⋅ Comment
⋅ We pointed out Inverse Head and shoulder pattern. This can be possibility
Trade closed: target reached
⋅ First target achieved
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⋅ Nothing much to talk about on this pair. We did extensive analysis, please refer to them.
Going as expected.
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