AUDUSD Down Channel pattern

22 thg 7, 2019

AUDUSD is in Down Channel pattern in Major structure and in that there is Rising wedge pattern it will work as a Reversal pattern with 50 pips stop loss it was work as a risky trade if you can take the risk then take a Trade otherwise stay way.


Entry point: 0.70404

1 Target 0.70030
2 Target 0.69592
3 Target 0.69231
4 Target 0.68475
5 Target 0.67766

Stop Loss: 0.70900

Use 0.01 LOT Size.

Note: This is only for Educational Purpose this is not Investment advice.

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Thanks
Adil Khan.