buying retest of broken support

Feb 13, 2019

hey guys,

though, many people blame me for trading against the market sentiment,
I have one more counter trade for you today :)

aussie dollar is standing on a significant support level.


as the market approached this level 8th of Feb, it pulled back
we saw one more attempt to break this level,
however, the market touched it and bounced breaking a local support.

now we have a chance to buy the retest of broken resistance.

the initial target is based on the range of a pattern.

stop below the tops.

good luck!

Feb 13, 2019

Trade active

Feb 13, 2019

Note

Market goes lower

Feb 14, 2019

Note

bounce up

Feb 15, 2019

Note

almost hit the target