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AUD/USD: Bearish on Risk Selloff
Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of $0.6465, $0.6505, or $0.6585. Put the stop loss 1 pip above the local swing high. Adjust the stop loss to break even once the trade is 20 pips in profit. Take off 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to run. Long Trade Ideas Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of $0.6345 or $0.6299. Put the stop loss 1 pip below the local swing low. Adjust the stop loss to break even ... (full story)
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- Posted: Aug 5, 2024 6:59am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 3,325
