AUD Possible Buy Setup

Looking at the pull back to retest support trendling @0.72700-0.72800
Targer Profit 0.73800
Stop Loss at previous weekly low @0.72450

Note: this is not a signal, just a possible trade setups.
All the EW is to me to a means of helping me identify positive trading opportunity(ies), I can identify a good positive risk/rewards ratio.
* Where are you placing your risk, and where is the target potential - absent where you are setting your stop/ where you are looking to take profit.

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