AUDUSD is starting to impulse out of the previous range it has been in for a few weeks. I am a trend trader so as we are gaining momentum I like to see an impulse with a retracement. it must have 2 lows and I enter on the 1st bearish candle after the second low (bullish if we were up trending).
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Trade stopped out for a reduced risk (-.4%). Very happy with the setup.