AUDUSD Buy Idea

AUDUSD has more room to the upside so I will be looking to join the bulls once the pair ends the bearish correction near the upward trend line that we can spot on the H4 chart. Here is my plan to join.

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Contents hide

1 AUDUSD Technical Analysis:
2 BUY Entry:
3 Targets:

AUDUSD Technical Analysis:

H4 – bullish trend line

BUY Entry:

Wait for the price to come test the up trend line and look for bullish candle pattern on the H1 chart preferably with bullish divergence.

Targets:

First target 0.7650, this is where you should move your stop loss to break even. Second target 0.7800.

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Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.