AUDUSD 0.69462 -0.24% LONG IDEA
Updated
Good Day Everyone
Here's a look at the AUDUSD pair, the U.S DOLLAR began to regain strength this past week so this could change some of the trading plans against the DOLLAR.
We saw a break above the symmetrical triangle structure the pair pushed up and found resistance at level 0.69981 now the pair has seen another rejection at this level forming a double top formation at resistance level. should we rally up and trade above this level ( 0.69981 ) will be looking for longs in the pair if we see a rally down the trading plan will change look out for updates... lets see how it goes
Good luck and happy trading everyone
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Here's a look at the AUDUSD pair, the U.S DOLLAR began to regain strength this past week so this could change some of the trading plans against the DOLLAR.
We saw a break above the symmetrical triangle structure the pair pushed up and found resistance at level 0.69981 now the pair has seen another rejection at this level forming a double top formation at resistance level. should we rally up and trade above this level ( 0.69981 ) will be looking for longs in the pair if we see a rally down the trading plan will change look out for updates... lets see how it goes
Good luck and happy trading everyone
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Note
Note
The trigger is that break above and significant moves to the upside signalling shift in momentum and volatility gainTrade active
Trade active
Waiting for volatility to return on the pair we currently ranging on the pair looking for a break aboveTrade closed: stop reached
Just stopped out on this one.... Still looking for a bullish rally on the pair though
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