AUDUSD bullish M Chart, appears to have completed its 'test'.Australian Dollar/US DollarFX:AUDUSDMusicalNightzI have been long on this trade for maybe 2 weeks, there existed a H & S's pattern on the high time frames a couple of years ago, well now its playing out. To trade this I would look at main charts Monthly where the 50 EMA is turning up now, look for support and resistance levels on W,D,4HR,2HR charts and take the trade Long from the Hourly might be best. Look for an indicator like the True Strength Index to confirm your setup, in price action or whatever it is you look for. TSI is a lot like MACd I find but more precision, it will show the long term bias/direction but its very slow on the VHT. For eg. it will display on a Monthly chart for example, that the bullish move is set to continue, but dont get caught, because price will still dip lower in the interim following Stochastics and RSI which move more natual with price on the lopwer time frames. MACd and TSI are the high time frame compos and the wonderful thing with True Strength Index, if you drop to a intraday T-frame it will perform very accurately with the same settings that its configured. Long trades: it should strike through the zero line with its upward angled curve and ideally a curl up on the signal line just above the zero line. RSI can confirm with a upwards strike recently or concurrently at the 50 line. Which is its zero line.