Basic S&R Trade
4hr candles have closed above resistance & now support MACD has indicated Golden Cross (buy signal) Broken downtrend
following the downtrend channel to longtime support
Simple trend following technique inside the channel
Simple trade following the downtrend If the price falls bellow support I will enter the trade short.
Short AUSUSD following downtrend channel
Buy Support Sell Resistance
Looking to grap a quick 80 pips @ the 0.382 Fib
Continuation of downtrend
TP1 1.06210 @ 0.382 Fib TP2 1.06300 @ 0.5 Fib
