Gumilank

AUDUSD Plan for tomorrow's event

Long
Gumilank Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Okay, the price is entering the buy zone now, but the event still tomorrow. I think it will become a slideway for a while. After we found a good pin bar we will put buy stop a little pip above that pin bar.
Trade active:
Now as we can see, the pattern of the candlestick became slideway, we are still waiting for a good pin bar with a good body and put our but stop order 5 pips above that pin bar. But, if the price in the actual case goes down, just in case, we are still waiting and see for a good pin bar with a good wick and put our sell stop order below that pin bar.
Trade active:
Alright, it is getting back to the buy zone. Put the buy stop order 5 pips above the highest pin bar and just in case put the sell stop order below the lowest point currently.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.