AUDUSD long trade idea

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar , etc --> BUY

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Nice clean chart and presentation!

We like your idea and we see the same trade as well!

This is our intraday idea. What do you think?
+1 Reply
@FXCM, hi sir, i think the first tp should be about the 0.71800 level because there is a resistance level there.
+1 Reply
@FXCM, great analysis buddy, the setup goes as planned, thanks for sharing!
right on, vey good presentation, simple and genius
GWBFX VikingWaves
@VikingWaves, thank you
Very nice idea, it played out well, this is my outlook also, what do you think?
G'day mate, what are your thoughts on this concept now that its 20 hours later, are you still confident that the data will fundamentally model this trend?
How long should I keep the trade going for
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