FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
87 1
My first analysis, what i have done here is create an downwards trend zone , with some support and resistant lines , am expecting an upwards rally before continuing the downtrend . The aim for me personally is to be patient and make my stop loss as small as possible so my ideal point of entry would be ( 0.74991) with the stop loss at (0.75582) with a take profit of (0.73824) once it reaches near this point i will remove take profit and move the stop loss to the take 50% of profit.....................

I also have two more points of potential reversal.


But the stop loss stays the same so depends on how big your willing to have your stop loss
FORGOT to add the point about the orange line at 0.74288 was a potential early reversal but risky entry due to the potential rally upwards
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out