Weekly Structure - Downtrend
Daily Structure - Downtrend
AUD-SUD free fall until almost 0.55000. It has now time to recover a little bit on the price. On 1 hour time frame we can see now a new trend creating higher highs and higher lows.
We can see price going up and creating a new high around 0.61000.
TP1 - 0.59600
TP2 - 0.61000
SL - 0.57307
R/R - 5,4
Good luck!
Daily Structure - Downtrend
AUD-SUD free fall until almost 0.55000. It has now time to recover a little bit on the price. On 1 hour time frame we can see now a new trend creating higher highs and higher lows.
We can see price going up and creating a new high around 0.61000.
TP1 - 0.59600
TP2 - 0.61000
SL - 0.57307
R/R - 5,4
Good luck!
Comment:
You can move stop loss to break even
Comment:
Trade Closed at break even