VIP - AUDUSD - SHORT
Why are we entering?
- Expecting USD strength and AUD weakness = AUDUSD SHORT
- In wave C = 5 waves. In wave 2
Entry
- Safe Entry: Watch for ABC correction - WFB on wave C
- Risk Entry: Rejection of fib level (and descending trendline)
Once entered, where will our Stoploss be?
- above invalidation structure
Where do we take profits?
First TP: 0.68 (150pips)
Second TP: 0.67 (250pips)
Third TP: 0.65 (450pips)
- Expecting USD strength and AUD weakness = AUDUSD SHORT
- In wave C = 5 waves. In wave 2
Entry
- Safe Entry: Watch for ABC correction - WFB on wave C
- Risk Entry: Rejection of fib level (and descending trendline)
Once entered, where will our Stoploss be?
- above invalidation structure
Where do we take profits?
First TP: 0.68 (150pips)
Second TP: 0.67 (250pips)
Third TP: 0.65 (450pips)
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.