GBPAUD posted a green weekly Heiken Ashi candle as well as a green daily Heiken Ashi candle on the daily that followed a red daily Heiken Ashi candle. This is the signal I look for to go long.
Note
View from the daily time frame that. Notice a green Heiken Ashi candle that posts after a red candle.Note
Switching to traditional candlesticks, I plan to make entry around the white line and place my stop below the local low.Note
Trade active
I decided to make entry this morning. Entry will be higher than I want, stop loss still where I planned it would be.Trade closed manually
Closed this trade today for profit.
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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.