AUDUSD inside day trading plan
Updated
Last week I posted this inside week long for AUDUSD, although it almost stopped me out, it held and it was able to make new high to get my risk-reward stop.
Today there is an inside day for AUDUSD, I DON'T recommend trading the long this time as it's not realistic to expect the 1:1 kick at a new high level, and there is a bearish bat ahead.
Putting the out of the long position to the inside day low is a good idea, and maybe a good flip to take part in a potential double top.
Note
Put the out of the inside week long to 0.8040. (yesterday's low)
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.