Hi everyone! AUD/USD looks bullish on the daily and 4-hour time frames and is following an uptrend channel. It seems likely to retest the order block and trendline before making an upward impulse. Below is my trade idea; please conduct your own analysis before entering any trades.
Buy limit order
Buy @ 0.68420
SL - 28pips, 0.68140
TP1 - 28pips, 0.68700
TP2 - 56pips, 0.68980
TP3 - 84pips, 0.69260
Buy limit order
Buy @ 0.68420
SL - 28pips, 0.68140
TP1 - 28pips, 0.68700
TP2 - 56pips, 0.68980
TP3 - 84pips, 0.69260
Trade active
Trade got activated and HIT TP1 Trade closed manually
50% of my position has closed, and I have set the SL to Break evenTrade closed: target reached
HIT Final TP3, RRR 1:3 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.