shynfx

AUDUSD - In Bullish Trend

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD after bouncing back from daily support continues making new Higher Highs which indicated a Bullish trend. Support and Resistance are already mentioned on charts. If it breaks its Resistance it will carry on its bullish trend.

You can enter your buy position from the current entry or after the break of the previous Higher High or ride the whole trend. Stop loss must be on the previous Higher low.


Happy Trading :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.