The Aussie has been bearish against the Dollar since 19th April (or Dollar has been strengthen).
0.7505 is the key level of support.
I am "betting" that Head & Shoulder pattern is likely to form **IF the coming 4hr candle closes with a long tailed bullish Pin.
Will update my Entry, SL and TP in an hour **IF it is a bullish Pin.
** Please do your own due diligence **
** This is not a Buy / Sell recommendation **
0.7505 is the key level of support.
I am "betting" that Head & Shoulder pattern is likely to form **IF the coming 4hr candle closes with a long tailed bullish Pin.
Will update my Entry, SL and TP in an hour **IF it is a bullish Pin.
** Please do your own due diligence **
** This is not a Buy / Sell recommendation **
Trade active
Enter on market SL : 0.7400
TP : 0.7588
Trade closed manually
Closed my trade manually for +0.4r as hourly candle closed below 0.7505Call it a week and will have a brand new start next week.
Trade History for May:
Dowjones (+0.7r)
AudUsd (+0.4r)
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.
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.