AUD/USD should FALL soon!
Hey tradomaniacs,
AUD/USD is currently correcting within a rising-wedge which usually results in a continuation of the primary trend soon.
previous impulse to the downside has shown great momentum and I expect another attempt to break the support-zone as soon as the tracement is done.
Let`s see =)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
AUD/USD is currently correcting within a rising-wedge which usually results in a continuation of the primary trend soon.
previous impulse to the downside has shown great momentum and I expect another attempt to break the support-zone as soon as the tracement is done.
Let`s see =)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
Note
Note
AUD/USD:Day-Swingtrade-ExecutionMarket-Sell-Order: 0.72440
Stop-Loss: 0.72600
Point of Risk-Reduction: 0.72315
Take-Profit: 0.71850
Stop-Loss: 15 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
Note
AUD/USD: Crazy how the market moves considering that data were pretty bullish for the US-Dollar. I`ve watched the CoTs and have seen that retailers are mostly long with hedge-fonds which is often a great indication for shake-outs (taking liquidity).
However I took an additional risk and executed all trades once again at key-levels.
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