I came up with this idea because on 4H chart it is on a strong uptrend.
My idea is that AUDUSD will hit at least 0.6935.As a second target i will set 0.6970 and as a third target 0.7005. Beware this is not a signal , if you decide to take the trade then it is on your own risk.
My idea is that AUDUSD will hit at least 0.6935.As a second target i will set 0.6970 and as a third target 0.7005. Beware this is not a signal , if you decide to take the trade then it is on your own risk.
Trade active:
Move Stop Loss to Entry Level , the targets remain same as above.
Trade closed: stop reached:
Just hit the entry level , the trade is not active anymore . Be patient and let it go because other trades will come.