AUDUSD 07.04 E

AUDUSD 4 h chart analysis: purple rose channel internal operation, a potential ABCD model waiting for validation,
of course, must break the red trend line pressure is likely to open up the space.
So, trade plan: 1. Waiting for a breakthrough at the top of the trend line after buying red, a target near D or purple passage near the trend line.
2. If, out of a complete ABCD model, consider seeking more sellers in D near the point of support.
3. If, broke the purple passage under the rail, so suggest waiting for sell, target near the AB section 786.

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