AUDUSD Long
Trading on the momentum of AU, it seems to push up with relatively low drawdown during the trade, hence the tight SL. IF price follows this then likely to see a 'double top' and I will probably open a short position back down towards entry.
Note
Now moving very nicely in profit, may look to edit SL to BETrade closed: target reached
TP Reached!Note
Trade executed perfectly, decided on a tight SL which was barely dipped into a loss anyway.Note
I believe around the .72100-.72300 area it may reverse and drop down towards where the SL was for the Long Position. I may open a short depending on next candles.Note
Recent bear candles proving me right so far. I will see where the 11:15 candle closes before opening a positionNote
Would just like to add, that TP price was unbelievably perfect
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.
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.