AUDUSD - Shorts
C move complete of an ABC move on 4HR TF
Equal measured move.
With trade talks going well expect some dollar strength.
any questions drop me a message or a comment
happy to help
Price previously broke through the support and is showing potential to re-test and continue moving bearish to our target at 1.07667. Stop loss is marked at red price level and entry at the grey price level.
Risk to reward 1:2
Equity risked 1% risk no more than 2%
Hi Traders, here is my set up for AUDUSD pullback short! I marked out the market structure break before it happened, but forgot to publish it.. now we have this on the lower timeframes, this looks like it could be good to go! What do you think?
Hope all is well, my second published trade on Tradingview.com (XAUUSD was bang on accurate - this can be found on my story on IG, below)
Taken this short based on a previous closure below the trend, another closure below would be a strong indication of a push lower on AUDUSD.
*Change of momentum in this pair, i will inform whether the 30 pip stop loss...
AUDUSD - Intraday - We look to Sell at 0.7000 (stop at 0.7030)
Price action has formed an expanding wedge formation. The medium term bias remains bullish. A 5 wave bullish count has been completed at 0.7048. Expect trading to remain mixed and volatile. Intraday, and we are between bespoke support and resistance...