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anshrathod77
Aug 6, 2021 5:47 PM

Start of a new wave? Long

Australian Dollar/U.S. DollarFXCM

Description

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AUDUSD 4H TF

AUDUSD has been in a sideways channel in an uptrend,
The three corrective ways also ended recently, thus we can expect a nice up move
The RSI is at support and is also showing signs of reversal!
A nice entry can be taken now with a small SL at the previous low,
Keep a first TGT the top resistance, and a second TGT of TGT 2 if a breakout is seen!


RR-4
Possible Pips-0.015
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