AUDUSD - BULLISH CONTINUATION TRADE SETUP (SECOND ENTRY)

20 nov 2018

I'm revisiting the AUDUSD bullish trend continuation trade setup. After the first setup I posted earlier shy few pips from our 1:4.1 TP zone, we had a slight pullback to the broken daily swing level. Since the price has made a decent retracement to our confluence level and gives us an excellent Counter Trend Line placement, we have the potential to see a further leg up after the proper break of our CTL.

Find the link to the previous analysis below.

Thanks for reading.