Good morning traders. For 4 separate occasions the market has gone up testing the previous high and shot right back down. For a 5th time we are closing into that 5th retest. Sell limit has already been placed, waiting to get triggered most likely today or tomorrow. Target is set several pips before the weekly support zone. Remember, don't get too greedy!
Anyways, hope this helps, enjoy the rest of yah day and Happy Trading!
Anyways, hope this helps, enjoy the rest of yah day and Happy Trading!
Trade closed: stop reached
This trade ended up going higher and creating new highs on the daily timeframe. Overall AUD seems very strong and seems to be headed to .94500.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.