AUDUSD SHORT
Updated
We can clearly see an continuation pattern in daily basis where we can observe that there will be a sharp movement in one direction and cooling off will be taken in opposite to the share movement ranging the liquidity form 0.5-0.614 fib zones.
For example
1st wave there will be sharp 100 pip move and pull back of 35-50 pips
2nd wave Again we can see 70-80 pip move continuation move and pull back of 20-30 pips
and continues till the liquidity points and then changes its character with inducement ,break of structure and liquidity.
For example
1st wave there will be sharp 100 pip move and pull back of 35-50 pips
2nd wave Again we can see 70-80 pip move continuation move and pull back of 20-30 pips
and continues till the liquidity points and then changes its character with inducement ,break of structure and liquidity.
Trade active
As we have achieved 1reward on 3.5 rewards we can bring on SL to break even or previous swing on hourly basis. In this manner we can eliminate unnecessary risk so the we are protected and step into new positions . Its one of the best approach to grow you AUM or clear funded challangesTrade active
NOW TO AN ADD-ON TIME.Now we can add a position at 0.615 fib zone of the recent swing (0.5% additional risk) so that we can able to generate additional return for the succession trade. By far this is one of the best way to clear the funded challenges. once a wise man said "Cut your losers & Hold your winners" but we can make it better hold your winners along with position add ons.
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