I have a nice long trade in AUDUSD which triggered on the 4 hour chart late yesterday afternoon. My pick was based on the weekly chart where you can clearly see that last week we had a large green wide range bar. I’m expecting some continuation this week up into the void that I marked on the chart.
My entry was near the 50% Fib level which actually set up nicely as a PBS in the PBZ off the rising 50 period moving average. My target is marked 120 pips away…
