Here we have already seen a break and a test, now it remains to see the achievement of profit.
The first level we expect to reach is 0.7411 - a peak from the first of September. But at the same time, this is the highest level since 2018 for AUDUSD.
Therefore, you may not place a profit when crossing to 0.7411, but monitor the price development and move the stop. This allows you to catch the maximum potential with larger movements.
Don't limit your profits!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
The first level we expect to reach is 0.7411 - a peak from the first of September. But at the same time, this is the highest level since 2018 for AUDUSD.
Therefore, you may not place a profit when crossing to 0.7411, but monitor the price development and move the stop. This allows you to catch the maximum potential with larger movements.
Don't limit your profits!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
