FinancialGamblR

Breakout Continuation Play On AUDUSD

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Because apparently I have to write this despite annotating my chart with the Signpost feature - two key points on my chart showing the reversal move. This is structural so I am taking a breakout continuation play. Price held above the previous breakout level, which is a good indication that further upside can be expected. At this point, not anticipating any false signals. As long as the 0.7388 level holds, I am expecting momentum to pick up in the Asian session.
Often the contrarian. Looking to take structural directional moves with high R potential in order to sustain a lower win rate. I do not disclose my position sizing, scaling, or trade management. View at your own risk.

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