AUDUSD LONG IDEA
Updated
AUDUSD In a really aggressive bull trend here
-Making significant HH AND HL
-ABCD Structure in play as you can see
-Bouncing on fib 0.5
-When it wants to this pair can really move
-Broke the counter trendline and retested which is a great sign
-Stops as shown
-I have multiple targets
-First target 76800
-Second target is the D extension
-We have broken and held above Monthly res now sup 0.7550 also psychological level showing strong support
-Making significant HH AND HL
-ABCD Structure in play as you can see
-Bouncing on fib 0.5
-When it wants to this pair can really move
-Broke the counter trendline and retested which is a great sign
-Stops as shown
-I have multiple targets
-First target 76800
-Second target is the D extension
-We have broken and held above Monthly res now sup 0.7550 also psychological level showing strong support
Trade active
Breaking out nicelyTrade closed: stop reached
All part of trading taking your losses reviewing them and going again....if you use money management correctly you will never worry anyway :)
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