Quick plot to show possible re-entry zones for AU long.
This is a followup to my previous trade plan to go long
The original targets in above plan were very close to hit, but the pullback caught my Trailing Stops.
Now looking for possible re-entry because I think there is still some room to the upside now.
Background:
I am actually a longer term AUD bear, anticipating a serious drop yet to come
Since then I have been looking for shorting opportunities such as this recent plan
Then some solid pips of profit came from two way action per this plan
My last plan was to go long again, which worked out very well
Which brings me to my current plan to look for a long scalp, and then short it hard
This is a followup to my previous trade plan to go long
The original targets in above plan were very close to hit, but the pullback caught my Trailing Stops.
Now looking for possible re-entry because I think there is still some room to the upside now.
Background:
I am actually a longer term AUD bear, anticipating a serious drop yet to come
Since then I have been looking for shorting opportunities such as this recent plan
Then some solid pips of profit came from two way action per this plan
My last plan was to go long again, which worked out very well
Which brings me to my current plan to look for a long scalp, and then short it hard
Note
Aus CPI report was a slight miss, thus a dip. Dip took out my Trailing Stop with a few pips profit 
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.