15 Apr '21: AUDUSD Entry (4H: 2/2) - REDO
Updated
This bullish, potentially engulfing candle on the 4H suggests I may still be behind the clock, chasing the entry. Further, the retest did not quite touch my monthly support line, as drawn (0.77057 vs. 0.77038).
Still, I'm banking on some consolidation on shorter time frames to get me back into my preferred entry positions. There is a modified, lower entry range and SL in the event the monthly support still breaks down.
Will zoom in one more time for more detail.
Still, I'm banking on some consolidation on shorter time frames to get me back into my preferred entry positions. There is a modified, lower entry range and SL in the event the monthly support still breaks down.
Will zoom in one more time for more detail.
Trade closed: target reached
See 1D chart for more detailed comment.
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