AUDUSD: Book a Profit trade at Open Consolidation- BULLISH.




The 0.71444 restricting, the pair’s farther downside with an evident of Impulse and Pullback action. In the 4 Hr time-scale, the market marked a pullback action @ 0.72293 and set a stable path for the Uptrend Motion. The 0.71444 confined the Downward movement and holding the price range in the Top face. The pair marking its presence @ 0.71548, a hassle-free action from this point could fetch the quotes 0.72374 meanwhile, the N-numbers buyers Invade May tend the market to manipulate the Stable Mobility. The trend manipulation will help the market to short-out Buyers Invade.

However, traders the Vision for the Upward move is transparent. Beware of the 0.72374 perhaps this could likely tend a small pullback and a throwback action In order to prove its true Potential. In case the pair managed to Surpass the 0.72544, the next halt for the price range should be 0.73629.

On the contrary, In case the pair break the consolidation support and reversing the Price range from current trend means, end the trade @ 0.70828.


Entry: 0.71548

TP: 0.73629

Sl: 0.70828

Risk Vs Reward: 2.89

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17 Sep 2018 12:39 pm Posted by admin