PT: 1.0870 (4.3R/R)
Entry: 1.0550
SL: 1.0470 (80pips = 1 Risk)
Entry: 1.0550
SL: 1.0470 (80pips = 1 Risk)
Note
UTC 11:00 Limit Sell at 1.0550 for Break Even closure.(Reason: Review Dchart after NY close, subject to PA for Long again)
Trade active
Trade Active:PT: 1.0870
Entry: 1.0570
SL: 1.0490 (80pips = 1 Risk)
Reason: Structure at Dchart much more affirmative now
Trade closed manually
One more exit at 1.05740Profit : +0.05 R/R or take it as BE.
Reason: try re-enter at exact next oscilating low in H1chart.
Note
BOTH FUUNDAMENTALLY AND TECHNICALLY INVALIDATE THIS IDEA.#1 THE NZ rate hold proliferate and the AUDUSD is showing reversal from top while NZDUSD relatively holds firmer.
#2 Until AUDUSD tested 0.7575 and if hold, consider Long AUDUSD only where DXY should reach approx 0.95 and next swing downward.
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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.