AUD/USD Continuation Of Uptrend

• Uptrend continues
• Good R:R
• W H5 next target
• Above W H5 full recovery
• 1 more long added

4H Chart AUD/USD

(Click on image to enlarge)

1. Swing 1
2. Swing 2
3. Touch of the TL
4. First entry
5. Target

The AUD/USD continues with an uptrend. We have a strong move that shows strength above important levels of support. I expect the uptrend to continue. I have 3 positions to the long side, scaling in with a new one as a part of my MEGATREND methodology. H4 IO (inside-outside) entry. The first target is 0.7662 followed by 0.8000 as the final TP. Once the price gets to important levels, scaling out and putting SL to BE is advised.