AUDUSD has MACD divergence in 1 Hour and within next days it will break the current structure.
If it breaks to the top, i am not interested, it is already too high not much left.
Trade the breakout, NOT the possibility of breaking.
If it breaks to the top, i am not interested, it is already too high not much left.
Trade the breakout, NOT the possibility of breaking.
Note
First breakout turned out to be a loss, but second one worked as expected and it is still working. SL on breakevenNote
Second trade worked out as expected and covered the small loss of the first one + profit.
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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.