Is it time to buy AUDUSD?

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Hey Everyone!

Let's see a scenario for AUDUSD LONG.

• Very strong support/resistance @0.745 - white line
  
• An upward movement for 7+ days
  
• A valid trendline that holds the price
  

Now, even if we have these good points we can't just look at the long side. I will only take this position once the price hits the 0.746 or even a bit higher.

The safest place to enter is above the green line at around 0.7475

I will update you as soon as a trade is taken on this pair.

٢٢ مايو ٢٠١٧

ملاحظة

Price is coming towards our entry point.

٢٢ مايو ٢٠١٧

ملاحظة

I entered AUDUSD long @0.74557

٢٢ مايو ٢٠١٧

تم فتح الصفقة

Entry: @0.74557
S/L: 20pips away
T/P: 45 pips away

looking for only 1:2+ RR

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ملاحظة

1:1RR has achieved; moving on to 1:1.5RR

٢٢ مايو ٢٠١٧

ملاحظة

The trade looks like it has hit the top for now. Position is not in risk anymore, if 1:1.5RR is reached I close it.

٢٢ مايو ٢٠١٧

ملاحظة

AUDUSD has reached the 1:1.5RR

٢٢ مايو ٢٠١٧

أغلقت الصفقة: تم الوصول للهدف

The 1:1.5RR has been reached.