AUDUSD broke the trendline and we are heading up from here!
AUDUSD broke the trendline and the structure on H4 timeframe, which makes me look
for a long position after its retest.
For this setup - NO RETEST = NO ENTRY. We need to wait until AUDUSD comes to the highligted area near trendline
before entering our long. If we would enter now, it would have been very low and poor risk reward ratio and trading is not about
this, trading is about patience ;)
I will update this idea as soon as it retests, but have your alerts ready guys.
Have a wonderful week everyone
for a long position after its retest.
For this setup - NO RETEST = NO ENTRY. We need to wait until AUDUSD comes to the highligted area near trendline
before entering our long. If we would enter now, it would have been very low and poor risk reward ratio and trading is not about
this, trading is about patience ;)
I will update this idea as soon as it retests, but have your alerts ready guys.
Have a wonderful week everyone
Trade active
Taking the trade rnNote
PLAYING OUT perfectly! TP 1 hit. Move you SL to profit and let run to TP2
Related publications
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.
Related publications
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.