digitaltradingfx

digitaltradingfx

This will be my first trade for my journey to 100 trades. I will be waiting on the retracement back to the already broken trendline for a short position. Entry Price: 1.496 SL: 1.5210 I have a trade manager that moves this based on percentage. It is very helpful TP: 1.4514 TP 1: 25% of TP TP 2: 55% of TP TP 3 == TP For a more in depth explanation of reasons why...

digitaltradingfx

We can see from the charts below that AUDUSD has formed a strong signal indicating a reversal. The confluence of the trendline bounce and 127 fib line coupled with the nicely formed bearish divergence on the RSI give stron indication of an overbought pair ready to reverse and take its normal course.

digitaltradingfx

A wedge has formed represented by the yellow TL and a break will signal short continuation , and a break is coming

digitaltradingfx

A wedge has formed represented by the yellow TL and a break will signal short continuation , and a break is coming