AUDUSD - 14:1 win vs risk trade - Potential for 500+ pips

Hello all

I think the related trade I posted previously about AUDUSD may now be taking shape

I have reviewed the points where I was applying Fibonacci levels and I think we are just about to create a double bottom reversal

Conservatively, you can wait until the last swing high is broken at 0.7070

However I am in at 0.6973 and a second entry at 0.6989

I am expecting this to now go up over the next few weeks - long term trade - as per other posts, I am expecting usd to continue to weaken.

I will also be entering on each consolidation . breakout too on the way up

Thanks for looking

Duncan

Duncanforex.com coming soon

Trading ditutup secara manual:

Hi all, trade was stopped out at breakeven overnight last night, I am still expecting it to go long . however it will not until the trade wars are resolved