Weekly Structure - Downtrend
Daily Structure - Downtrend
AUD-SUD free fall until almost 0.55000. It has now time to recover a little bit on the price. On 1 hour time frame we can see now a new trend creating higher highs and higher lows.
We can see price going up and creating a new high around 0.61000.
TP1 - 0.59600
TP2 - 0.61000
SL - 0.57307
R/R - 5,4
Good luck!
Daily Structure - Downtrend
AUD-SUD free fall until almost 0.55000. It has now time to recover a little bit on the price. On 1 hour time frame we can see now a new trend creating higher highs and higher lows.
We can see price going up and creating a new high around 0.61000.
TP1 - 0.59600
TP2 - 0.61000
SL - 0.57307
R/R - 5,4
Good luck!
Note
You can move stop loss to break evenNote
Trade Closed at break even
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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.
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.