AUDUSD Long- Impulse & Retest
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AU has been ranging since July 5th between a level of support and a weekly resistance. Finally, there was an impulse above the weekly resistance and currently seeing a retest of that previous resistance.
I would wait for a confirmation to buy or sell. I believe it may pull back a little further before buying to possibly a previous wick which was at 0.70620 or even further! As always manage your trades and TRAIL STOP LOSS to maximize profits!
AUD NEWS IS COMING OUT AT 9:30PM EST so be aware. The news should be on our side though for the long!
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I would wait for a confirmation to buy or sell. I believe it may pull back a little further before buying to possibly a previous wick which was at 0.70620 or even further! As always manage your trades and TRAIL STOP LOSS to maximize profits!
AUD NEWS IS COMING OUT AT 9:30PM EST so be aware. The news should be on our side though for the long!
Like, comment, and follow!
Trade wurde manuell geschlossen
Late on the update but price has closed below my exit indicator so I've been out of the long trade till further notice. Currently forming lower highs.Trade geschlossen: Ziel wurde erreicht
As you see after price pulled back as predicted and broke out of consolidation by forming structure. The long was successful. Sorry for the late update!
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