 |
| AUDUSD H4 |
The channel is in place since Oct-12.I was watching this setup from past sessions and planned to go short. But pair backed off before touching upper trendline. Previous post [here].
Just below the channel's lower trendline comes a horizontal support area. This area is around level 1.04. This area is on-off as support/resistance.
I plan to go long on touch of channel's lower trendline with a stop just below the support area.
No comments:
Post a Comment