AUDUSD (1D): Short-Term Retracement Trade

2018년 11월 8일

AUDUSD
Timeframe: 1D
Direction: Short

Confluences for Trade:
- Price action at 23% Fibo level
- Price action at a Short-Term Resistance Trendline
- Price action at a Horizontal Trendline
- It needs alot of positive fundamentals to push the AUD up further for now
- Pair recently broke out from a triangle, likely to retrace and test back the triangle support
- Stochastic Overbought momentum (D1, H4 and H1)

However, do note that this is a short term trade idea. The long term trade idea is as per previous post (linked below).

Suggested Trade:
Entry @ Area of Interest 0.7250 - 0.7290
SL: 0.7326
TP: 0.7171
RR: Approx. 2.37 (Depending on Entry Level)


May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

2018년 11월 9일

액티브 트레이드

2018년 11월 10일

노트

Lock in profits for half the position and move SL to BE.

Run the remaining position totally risk free.

2018년 11월 13일

거래청산: 타겟 닿음