AUDUSD - 2nd March, 2016
Hourly Chart
- Risked 50pips, and gained 110+pips
- Just briefly, this is what I took the trade with confidence
- Bounced of Ascending Trendline (from 4hr chart and third bounce)
- fib 78.6 confluence at the bounce from trendline
- Daily Chart Bias is bullish
- US session formed a 1.hr hammer candle to further confirm the buyers are back.
IF you want to learn more, or would like to trade with me, please contact me on facebook.
Safe trading!
Cheers
Howard Tsang
