TiborVrbovsky

AUDUSD with Two Long Setups.

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is in a Ascending triangle pattern which has ussualy break to the upside, but a lot of the time can lead

I am looking to either buy on the uptrend line or buy the break of 0.72100.
If the price falls below 0.71400, the setup will be considered as invalid.

Break buy - Buy break of 0.72100 and take profit below 0.72680
Uptrend buy - Buy on the uptrend line and take profit at resistance
There is a exaggerated bullish RSI divergence.

Good luck!
Tibor
Order cancelled: Trade was canceled

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