AUDUSD BUY TRADE

Wait 5 sec.

AUDUSD BUY TRADEAUD/USDOANDA:AUDUSDHarisOO1📈 AUD/USD BUY SETUP (Based on Your Chart – 4H) 🔹 Market Structure •Overall structure is range to mild bullish •Price already respected the lower support area around 0.6680 – 0.6690 •Recent candles show higher low formation, indicating buyers stepping in ⸻ 🔹 Buy Zone (As Marked) •Buy Zone: 0.6685 – 0.6695 •This zone is: •Previous support •Area of strong bullish reaction •Liquidity grab followed by bullish candles This confirms it as a valid demand zone ⸻ 🔹 Entry Plan Option 1 (Aggressive Entry): •Buy inside the buy zone •Entry: ~0.6690 Option 2 (Safer Entry): •Wait for a bullish 4H close above 0.6700 •Enter on minor pullback ⸻ 🔹 Stop Loss (SL) •SL: Below the recent swing low •Recommended: 0.6665 👉 If price closes 4H below 0.6665, setup is invalid ⸻ 🔹 Take Profit Targets •TP1: 0.6720 (recent high) •TP2: 0.6740 •TP3: 0.6760 (range top) ✅ Risk–Reward ≈ 1:2.5 to 1:3 ⸻ 🔹 Confirmation You Already Have ✔ Bullish engulfing candle from buy zone ✔ Long lower wicks → price rejection ✔ Buyers defending support ⸻ 🔹 Trade Management •At TP1 → move SL to Break Even •Partial profit recommended •Let remaining position run toward TP2–TP3 ⸻ 🔹 When NOT to Buy ❌ •Strong 4H bearish close below 0.6665 •High-impact USD news causing strong dollar strength ⸻ 🔹 Simple Explanation (One Line) Support respected → higher low → bullish rejection → buy toward range highs