AUDUSD Long Opportunity
Although my previous trade on this currency pair didn't go as planned, a reversal did happen. At the start of the week price pushed up to 0.63362 from there it moved down to an area of support between 0.62497 and 0.62364 for a long entry. Once in this area I dropped down to the hourly chart where a Bullish engulfing candlestick pattern appeared. Placed a stopped towards the previous low having a R:R of 2:2.
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