-AUDUSD has been rejected by a huge resistance level
- It has broken the trendline signaling a trend reversal and a good trade oppurtunity.
-I am waiting for a pullback off the support line for entry.
-as we have broken trend nice tight stops can be used as it is highly unlikely to break to new highs.
(i could even make them tighter but will stick with it for now)
- This could turn out to be a very profitable trade.