AUDUSD - Looks bottomed and can rise - 1:1 risk reward trade
Updated
AUDUSD looks poised for 50-60 pips upward move minimum...
Stop Loss and Target lines are based on Weekly candlestick, whereas Entry now is based on Daily & other lower charts..
Stop Loss and Target lines are based on Weekly candlestick, whereas Entry now is based on Daily & other lower charts..
Trade closed manually
SL should reach anyways so closing the trade - AUDUSD is wanting to make a new low at the moment so no point fighting it...Trade closed: stop reached
Note
Learnt from mistake on this one - SL should have been a little bit lower than precious low... Target would have been reached ultimately...
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.