AUDUSD Long Setup

Updated
Trend: Ranging
structure: Flag pattern / support and resistance

Plan: We have identified a flag pattern / a horizontal support and resistance zone.

Inside this we observe a potential downward trend. upon breakout we would enter to the upside. Alternatively it has respected lower bound and the trade is active.
Trade active
Trade closed: target reached
FlaghorizontalsupoortParallel ChannelpopularSupport and Resistance

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