Short Term rally into previous structure resistance: AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
98 4
The pair is currently in a consolidation ( see 4h channel as shown).

We saw a break above putting us in trend continuation mode.

The bullish gartley pattern lines perfectly with the 38.2% retracement .
Target 1 should be the channel at around (0.7477s)

Second TGT in anticipation of a breakout into previous resistance should be 0.7550s

Entry: 0.7450
SL: 0.7427
TGT1: 0.7477
TGT2: 0.7548
Remember, this is just a way to participate in a possible rally back into previous daily structure, while my overall bias on this pair is still short.
felix92 Nickmail
:D closed half of the position at 0.7774.. so at least a small winner.
Great Setup! A trade I probabily will take as well.
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