"What seems too high and risky to the majority generally goes higher" - William O’Neil
AUD/USD is at that position now from Day chart.
It's risky to short, and risky to long at current level, however, if you look carefully at the technical levels the risk/reward is actually not bad. On news front the RBA meeting minutes tomorrow should be hawkish.
Btw good work for these that followed my previous DXY short and SP500 long setup, was some quick profits.
Good Luck.
AUD/USD is at that position now from Day chart.
It's risky to short, and risky to long at current level, however, if you look carefully at the technical levels the risk/reward is actually not bad. On news front the RBA meeting minutes tomorrow should be hawkish.
Btw good work for these that followed my previous DXY short and SP500 long setup, was some quick profits.
Good Luck.
Trade active
entered at current level. 0.65483Trade closed: target reached
Good profitsNote
most position closed. leaving remaining to runNote
approaching targetTrade closed: target reached
Target reached. trade closed. huge profits.
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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.