AUDUSD - Conservative Strategy
1. Bearish Trend on H1 and H4
2. Retest and rejection from Support became Resistance
3. Good Risk to Reward
2. Retest and rejection from Support became Resistance
3. Good Risk to Reward
Note
Price retested latest swing fibo 0.618, should be a good place to move SL above the 0.50 to lower the risksNote
Still holding, moved SL to breakeven
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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.