AUDUSD 8RR opportunity
Simple price action analysis, based on SR and trendlines.
AUDUSD is in a bearish trend, so the best trades will come in the trend direction. There are two possible SELL trades from two different bearish areas, one with 5RR and one with 8RR. Off course, there can be opportunities for counter trend BUY trades, but they will bring a little more risk with.
Trade Safe!
AUDUSD is in a bearish trend, so the best trades will come in the trend direction. There are two possible SELL trades from two different bearish areas, one with 5RR and one with 8RR. Off course, there can be opportunities for counter trend BUY trades, but they will bring a little more risk with.
Trade Safe!
Transakcja zakończona: osiągnięto poziom stop:
Even thought the price reacted at my resistance level, and the price moved to my desired direction, the SL was hit due to high volatility caused by market news.
Komentarz:
IF some of you guys, had a bigger SL than congrats on hitting first target.