Many factors are aligned here for a long entry:
1. Strong support re-affirmed at 1.02 / 1.015
2. AUD is near the bottom of its recent range
3. A doji at the bottom edge of the weekly triangle
4. On the short-term charts (4 hr and 1 hr) a bullish breakout of recent consolidation.
And the system has also indicated a long entry. I am therefore long as follows:
Long $200/pip AUDUSD @ 1.0296. SL around 1.0245, and more definitely around 1.0195.
p.s. As I write this I note that the AUDUSD has tumbled a quick 15 pips! My idea to fade the rise for a quick 20-30 pips was right, but I didn’t have the confidence to stay the plan.