AUDUSD / Price retesting Structure Resistance Zone
2018-5-10
1. Market has been trending down since Feb and putting a series of LHs and LLs
2. A Previous Structure Low has been taken out (Yellow)
3. We are looking to Short when the Price retests the Structure Resistance (Blue Zone)
1. Market has been trending down since Feb and putting a series of LHs and LLs
2. A Previous Structure Low has been taken out (Yellow)
3. We are looking to Short when the Price retests the Structure Resistance (Blue Zone)
Trade closed: target reached
TP#1 ReachedSitting and waiting for TP#2
Trade closed: stop reached
TP#2: Trailing Stop at entry price
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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.