AUD/USD on a 30-minute timeframe (based on the visible labels)..

AUD/USD on a 30-minute timeframe (based on the visible labels). Let’s break it down carefully:
The pair AUD/USD is currently trading around 0.6518.
The chart shows a bullish breakout above a descending trendline.
The green zone marked looks like a demand/support zone.
A target line is already drawn near the top of the chart, labeled “Target Point”.
🔍 Based on the chart:
The “Target Point” appears to be at approximately 0.6600 – 0.6605 level.
🧭 Summary:
Type Level
Entry Zone Around 0.6500–0.6520
Target (TP) 0.6600 – 0.6605
Stop Loss (SL) Likely below the green zone, around 0.6480
💡 Interpretation:
This setup seems to be a breakout + retest trade idea where the expectation is that AUD/USD will move upward about 80–100 pips toward the 0.6600 target area.
The pair AUD/USD is currently trading around 0.6518.
The chart shows a bullish breakout above a descending trendline.
The green zone marked looks like a demand/support zone.
A target line is already drawn near the top of the chart, labeled “Target Point”.
🔍 Based on the chart:
The “Target Point” appears to be at approximately 0.6600 – 0.6605 level.
🧭 Summary:
Type Level
Entry Zone Around 0.6500–0.6520
Target (TP) 0.6600 – 0.6605
Stop Loss (SL) Likely below the green zone, around 0.6480
💡 Interpretation:
This setup seems to be a breakout + retest trade idea where the expectation is that AUD/USD will move upward about 80–100 pips toward the 0.6600 target area.
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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.
📲 Join telegram channel free ..
t.me/goldtradingpk710
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/XauusdGlobalSignal17
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/goldtradingpk710
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/XauusdGlobalSignal17
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.