Breakout Continuation Play On AUDUSD

30 ก.ค. 2021

Because apparently I have to write this despite annotating my chart with the Signpost feature - two key points on my chart showing the reversal move. This is structural so I am taking a breakout continuation play. Price held above the previous breakout level, which is a good indication that further upside can be expected. At this point, not anticipating any false signals. As long as the 0.7388 level holds, I am expecting momentum to pick up in the Asian session.