AUD/USD (Short-Term-Trade) - Market Update:
Is it time for a upside potential? Yesterday we were discussing our down-side for this pair. Needless to say our T/P got smashed. Early we had a trend-line rejection that sadly ended up as a losing trade. But nothing to worry about. We will be looking at this pair for a potential -BUY-.
As you can see on our chart above we have 2 listed T/P area's overall I will be aiming for T/P #2 for about +40 PIPS of profit. If we reach T/P #1 S/L will be moved to break-even. I am NOT saying to place a -BUY- right now. But if at the end of this hour this candle has a strong bullish close we could see some -BUY- opportunities. With a re-entry at the close of the 4H chart.
Regarding a -SELL- I don't see another one as of right now unless we see price closing -BELOW- if that happens we will have a update on that.
*We are NOT responsible for any type of losses you may encounter. For information on our Advance Training please email us at TheForexClubFXgmail.com
As you can see on our chart above we have 2 listed T/P area's overall I will be aiming for T/P #2 for about +40 PIPS of profit. If we reach T/P #1 S/L will be moved to break-even. I am NOT saying to place a -BUY- right now. But if at the end of this hour this candle has a strong bullish close we could see some -BUY- opportunities. With a re-entry at the close of the 4H chart.
Regarding a -SELL- I don't see another one as of right now unless we see price closing -BELOW- if that happens we will have a update on that.
*We are NOT responsible for any type of losses you may encounter. For information on our Advance Training please email us at TheForexClubFXgmail.com
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