AUDUSD ... Long entry

Updated
Description in chart ...
Trade active
Note
Trailing Stop ... Risk Reduce to Half of its initial postition
Note
Below the days Low
Note
the next level of interest is the Last Swing High (o% level), if the traders are able to break above that area .. then is likely that the movement extends towards the major Last Swing High (Pink Lines) ... for the moment the risk has been reduce in a 60%, so the worst case scenario for now is a scratch of the only 40% of the initial risk ... lets see what bring us the next week.
Note
Trailing Stop ... now left the 25% of the initial risk ... so now the worst case scenario is a scratch of 0.25R ... Remember is a key factor to manage the risk, always cut losses quickly and let your profits run
Note
Trailing Stop Now at Break even ... Risk free trade
Note
Trade Image / Daily perspective

screencast.com/t/f1j3IDgZOVmS
Trade closed manually
Trade scratch around +0.1R
AUDUSDChart PatternsParallel ChannelTrend AnalysisWave Analysis

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