Good morning Traders! Hope all is well. AUD/USD has been bouncing between these OUTER TRENDLINES AND THE INNER TRENDLINES. Price has BROKEN through the INNER TRENDLINE but not the OUTER TRENDLINE. I am expecting a reversal at the OUTER TRENDLINE. The plan for the trade will be to look for REJECTION SIGNALS such as ENGULFING CANDLES or PIN BARS then enter in our short position! LETS START THIS WEEK WITH A GREEN NOTE SHALL WE? REWARD RATIO ----> 1.36 😁. LET'S GET THIS BREAD! 🍞🤑
ENTRY: 0.65115
STOP LOSS: 0.65384
TAKE PROFIT: 0.64751
🛑CAUTION🛑 Trade only what you agree with! If you decide to take this trade it is YOUR TRADE!
💚💙🧡 You can always show your support by liking and following! Much love to all, have a great day traders! 💚💙🧡
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