Trading the AUDUSD 1H bullish RCT price structure anticipating two possible target areas. If this bullish price structure holds I will be watching two upside target levels for a bearish reversal signal to form before I close the position. If price blows through these levels I hold until I get a valid bearish price structure to tell me when to close my long position.
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.