Been waiting a while to take this trade, if it plays I am going to abuse it and continually add entries incrementally.
I believe we should be going into long swing reversal here I dont imagine the 0.6200 level will be breached significantly & I'm looking for a move back towards the 0.6600 areas.
Stop loss and TP are indicated on chart, but again I plan to run this trade into January considering more entries.
I believe this is a trade that could run until Easter time if plays out as expected.
Some China data coming out that could help the battered AUD.
But mostly I enter this upon price action I love this level if you go have a look at 14th Oct 2022 youll see why I am taking this trade. Look on Daily TF.
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