Pair: AUD/USD
Timeframe: H1 / H4
Direction: BUY
Entry: 0.6605 – 0.6585
Stop Loss: 0.6545
Take Profit 1: 0.6660
Take Profit 2: 0.6720
Take Profit 3: 0.6785
Analysis:
- Price broke key resistance and retested it as support
- Bullish confirmation on H1 candle close
- Trend continuation supported by higher timeframe
- Strong risk-to-reward setup
- Risk 1–2% per trade
- Partial profits at TP1
- Move stop loss to breakeven after TP1