AUDUSD Trade Idea
Trading pure price action here...using H2 time frame
# Price has broken the support
# Then pinned from the under side (as resistance)
# Sell signal printed (inverted hammer)
# Also note the inside bar pattern and the hammer as the fakey...
Selling at market price 0.69911 with my levels as follows:
# SL above the 0.7000 pivot/resistance/pinned level
# Tp lower down at support as can be seen on the weekly time frame (see attached link)
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in Forex Bootcamp using the Telegram link below for real time updates
# Price has broken the support
# Then pinned from the under side (as resistance)
# Sell signal printed (inverted hammer)
# Also note the inside bar pattern and the hammer as the fakey...
Selling at market price 0.69911 with my levels as follows:
# SL above the 0.7000 pivot/resistance/pinned level
# Tp lower down at support as can be seen on the weekly time frame (see attached link)
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in Forex Bootcamp using the Telegram link below for real time updates
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