Hello Traders
Right today AUDUSD Pair has become clear to my Eyes for Trading.
AUDUSD moving inside a DOWNSIDE CHANNEL since the beginning of 2019, and at the last bottom there is DIVERGENCE has formed in addition to DOUBLE BOTTOM all of this give our analysis more positive signs that the DOWN TREND going to be side way little bit then the UP TREND will be start.
So, our Long Position we be in at 0.6868 and SL below the DEMAND AREA at 0.6818 for TP we have 2 option:
1- at 0.6999 which is resistance line on weekly frame
2- leave it until above SUPPLY at 0.7117
Hope you Profitable Trades
Right today AUDUSD Pair has become clear to my Eyes for Trading.
AUDUSD moving inside a DOWNSIDE CHANNEL since the beginning of 2019, and at the last bottom there is DIVERGENCE has formed in addition to DOUBLE BOTTOM all of this give our analysis more positive signs that the DOWN TREND going to be side way little bit then the UP TREND will be start.
So, our Long Position we be in at 0.6868 and SL below the DEMAND AREA at 0.6818 for TP we have 2 option:
1- at 0.6999 which is resistance line on weekly frame
2- leave it until above SUPPLY at 0.7117
Hope you Profitable Trades