AUDUSD could be a good buy if it bounces on 240 m trendline

17 Nis 2019

Buying on trendline, but being careful with a tight sl and taking profit at approx 0.72 resistance.

TP 0.72
Sl 0.7140

18 Nis 2019

Not

Seems like the price is reacting to another trendline just below, it looks like this on the 1h:


My entry was a little too early, but if this line holds we're good with our long position.
Crossing this last 1h trendline clearly invalidates the trade
SL is still at 0.7140