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Setupsfx_
1 janv. 2024 17:34

AUDUSD: 0.7150 is our next possible target in 2024? Long

Australian Dollar/U.S. DollarFXCM

Description

Happy New Year 2024.

AUDUSD, has been bullish in daily timeframe, suggesting a clear move upwards 0.7150 region which is where we will exit our trade. Looking at the current price momentum it is clearly notable that price has already retraced and it is very likely it will rebound strongly in days to come. Entry can be available when the market opens where with 50-80 pips stop loss a long entry worth it. With the take profit of 600 pips, a great risk to reward.
Commentaires
MadWhale
we can see more gain
Setupsfx_
@MadWhale thanks mate
MyCryptoParadise_Nathan
Projected take profit is around 600 pips, offering an attractive risk-to-reward ratio.
Setupsfx_
MyCryptoParadise
The trade offers a significant potential gain, with a take profit target of 600 pips, presenting an attractive risk-to-reward ratio.
Setupsfx_
@MyCryptoParadise thanks Nathan
TheFxAce
Your bullish perspective is compelling and grounded in research.
Setupsfx_
@TheFxAce thankss mate
heavy_assault
short

its going to 0.62, then 0.5, then 0.43

u'll never see a 7 handle
Plus