FXwithJess

AUDUSD - Brilliant January Set-Up

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
In this particular set-up, you can see we had three really great opportunities for entry. Entry highlighted by yellow horizontal line, let's review what i saw. On the Daily TF, I noticed the uptrend since Nov. 2020, a pullback was clearly due, we had a HH being formed. On the 4H we had strong resistance and I took entry from the 1H, waiting for the break of the smaller trend-line.

Simple set-up that easily made 200+ pips altogether. A set-up is really good when you can take the same set-up, more than once.

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