AUDUSD: possible trade scenario
AUD was under pressure since the beginning of the year, which was stopped last week. On Friday there was a correction move, which might provide another opportunity for joining bears.
There could be a pullback from the price zone between 0.6925-0.6965. It's better to enter a position with higher R:R, in my case the number is around 0.694, with stop above 0.6965 and 0.6885 take profit.
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There could be a pullback from the price zone between 0.6925-0.6965. It's better to enter a position with higher R:R, in my case the number is around 0.694, with stop above 0.6965 and 0.6885 take profit.
//
Follow to stay updated with my trading ideas!)
Comment:
Order is still there..almost reached the enter price..moving sideways
Order cancelled