Long

AUDUSD - 31 August

Updated

My First Publish on Tradingview was made on 31 August 2020 11:53 PM (GMT +8)

Note

The higher of the swing making a low while the low is making a high. This is indecision move of the market indicate the market is exhaust and have a potential of reversal. This type of movement usually ended up with high volume candlestick. Based on bearish perspectives, it show that the price going to make a retest on the Minor swap zone. Therefore, I will move my Stop Losses to prevent any parabolic move due to the rejection from the minor swap zone.

Trade closed: stop reached

I've moved my stop on previous high, the price float below more than I think it would. I think the Stop Losses is too tight. Therefore I have to focus improve on how I move my Stop Losses from now on.
Total: +17.5 Pips

Syndra

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