描述
⋅ Hey guys, last week we had a setup on AUDUSD which was invalidated as price broke below PRZ.
This week, I see a potential bounce off this ABCD pattern.
Pattern Identification
ABCD pattern completion at 0.7460.
Trade Execution
Price is currently trading within this H4 channel.
I drew a trendline connecting the lows.
If price retests the trendline connecting the lows, we might have a low risk long.
EP: 0.7460
SL: 0.7420 (40)
TP: 0.7550 (90)