One more indicator which shows bullishness is that 200MA is becoming flat (looks like taking turn) and 100MA is rising.
AUDUSD H4 |
My plan is to go long on any dips towards channel and horizontal resistance area.I am expecting the horizontal area to become support-turned-resistance.
AUDUSD Daily |
My strategy to trade this triangle is to short the pair when it reaches triangle's upper trendline and long on lower trendline.
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