AUDUSD: UPDATED SHORT ENTRY, TARGETS AND STOP LOSS LEVELS !!!
Hello Traders,
I just posted this chart to show my updated short entry level on this pair after getting stopped out for -100 pips on the previous trade. See the link under the related ideas section below, for full description on the time cycle analysis. After getting a valid retest of the broken trend line, this time I have placed my stops just above the previous candle high's which comes very close to the key psychological round number of 0.73000. Thus my stop level for this trade, is 10 pips above the 0.73000 round number level. See the chart above for more details.
Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
I just posted this chart to show my updated short entry level on this pair after getting stopped out for -100 pips on the previous trade. See the link under the related ideas section below, for full description on the time cycle analysis. After getting a valid retest of the broken trend line, this time I have placed my stops just above the previous candle high's which comes very close to the key psychological round number of 0.73000. Thus my stop level for this trade, is 10 pips above the 0.73000 round number level. See the chart above for more details.
Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
Trade closed: stop reached:
UPDATE #1: Hello Traders, unfortunately got stopped on the second short entry for -132 pips. Will be focusing towards future trade setups :)
CHART:
CHART:
