everyone
FOREX swing trade idea:
AUDUSD - weekly head and shoulders , retesting neckline.
Downtrend on 4 hour
confirmations: 0.618 Fibonacci level + Trendline + 50 EMA
Entry: on a rejection of this area
stop loss: 0.71500
tp 1: 69950
tp2: 69480 (likely final TP)
tp3: 68865 (bonus)
risk to reward: 1:3 - 1:4
dont risk more than 2%
FOREX swing trade idea:
AUDUSD - weekly head and shoulders , retesting neckline.
Downtrend on 4 hour
confirmations: 0.618 Fibonacci level + Trendline + 50 EMA
Entry: on a rejection of this area
stop loss: 0.71500
tp 1: 69950
tp2: 69480 (likely final TP)
tp3: 68865 (bonus)
risk to reward: 1:3 - 1:4
dont risk more than 2%
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.
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.