AUD/USD is making higer lows in the daily timeframe, Has made a retractment to 0.618 (confluence with a weekly Support & Resistance).
My setup will be like this, If the price breakout of the bearish purple channel ill go long, with stoploss 10pips bellow previous low. The first target could be previous high. if this target is completed ill do Break Even, and try to go to complete a perfect ABCD.
My setup will be like this, If the price breakout of the bearish purple channel ill go long, with stoploss 10pips bellow previous low. The first target could be previous high. if this target is completed ill do Break Even, and try to go to complete a perfect ABCD.
