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    Thread: Benzone's trading journal

    1. #111
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      Bullish movement of AUD/USD was impressing this week,analysis predicted upward movement this coming week. But traders should wait patiently for pullback before making their entry .This pull-back may hit 0.7383 region .The first H4 bullish candle suggest a good buy entry with your S/L at the low of H1 candle and T/P at 0.7585 for long term traders or as appropriate for daily traders.


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      Bullish movement of AUD/USD continue this coming week, after a powerful pullback to test last week low .The current low is o.7361 .Traders should expect a pull-back close to 0.7399 before making their entry. Any H4 bullish candle after this pull-back suggests good buy entry with S/L at the low of H1 candle and T/P set at appropriate point .


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    4. #113
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      Quote Originally Posted by Benzone View Post
      Bullish movement of AUD/USD continue this coming week, after a powerful pullback to test last week low .The current low is o.7361 .Traders should expect a pull-back close to 0.7399 before making their entry. Any H4 bullish candle after this pull-back suggests good buy entry with S/L at the low of H1 candle and T/P set at appropriate point .
      As we can see that aud usd have closed on 0.7423 and this week candle has closed on a doji positon this means next week will be something as bullish because this week candle closed on bull doji candle.. this is the sign of bullish week in further weeks but my main tensiin is monthly candle which is continue on down trend and this will be showing a long term down trading but we can make some good pips untill further any down ward movement in this pair. This oair smoothly defend the 0.7350 this is also good sign for buy trade waiting anxiously for next week


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