AUDUSD PRICE TRAP 1HR tf
Updated
AUDUSD Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 0.77853
TP1: 0.78364 (51 pips)
TP2: 0.78891 (104 pips)
TP3: 0.79487 (163 pips)
TP4: 0.80015 (216 pips)
SL: 0.77538 (32 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 0.76948
TP1: 0.76564 (38 pips)
TP2: 0.76217 (73 pips)
TP3: 0.75856 (109 pips)
SL: 0.77206 (26 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 0.77853
TP1: 0.78364 (51 pips)
TP2: 0.78891 (104 pips)
TP3: 0.79487 (163 pips)
TP4: 0.80015 (216 pips)
SL: 0.77538 (32 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 0.76948
TP1: 0.76564 (38 pips)
TP2: 0.76217 (73 pips)
TP3: 0.75856 (109 pips)
SL: 0.77206 (26 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
Trade active
TP1 HIT! for the buy
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