AUDUSD Counter Trend Trade | Long opportunity
Updated
Pulling up the dollar index on the a weekly timeframe we can see price heading some resistance zones. I found a few pairs where the charts look like they'd coincide perfectly with this and found AUDUSD to be a good bet. Detailed my setup on the chart for simplicity so there really isn't much to say here. Hoping to get an entry on this puppy soon.
Trade active
My limit order at .7211 has been executed.Note
Half position taken off at .7302 and stop moved to stop to where I initially entered securing profits.Note
Still in the trade. Roaring up towards some resistance up ahead so will be monitoring closely.Note
Took off another half of my position at .7353.
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