Hello Everyone. I want share my idea about AUDUSD pair.
After some price consolidation i got some good moves which actually gave me new and good entry point.
Price action had perfect reaction from daily support which broke 4H interested zone ( here in consolidation price had many times reaction) and now it stopped there where we have daily Trendline which broke second time. i think from here to Daily resistance its really good moment to catch that movement.
Open Position - 0.64433
Stop Loss - 0.64133
Take Profit - 0.65110
Good Luck Everyone!!! Manage your risk!!!
After some price consolidation i got some good moves which actually gave me new and good entry point.
Price action had perfect reaction from daily support which broke 4H interested zone ( here in consolidation price had many times reaction) and now it stopped there where we have daily Trendline which broke second time. i think from here to Daily resistance its really good moment to catch that movement.
Open Position - 0.64433
Stop Loss - 0.64133
Take Profit - 0.65110
Good Luck Everyone!!! Manage your risk!!!
Note
It was my mistake open position inside consolidation.
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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.