Aussie long trade

Entered long after the AUD/USD pair broke above a narrow range inside cluster that formed ahead of the European trading hours. I was playing the long side since the double bottom was confirmed above 0.8277 yesterday. I closed the trade at the 0.8470 level as it was violating the bullish 1h trend channel just below the 0.8477-0.8520 resistance range. I’m looking to re-enter on a retest of the 0.8277-0.8350 support range.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: