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Disaresta

AUDUSD - Long potential on Bullish engulfing candleDaily rejection candle which followed by a bullish engulfing candle sign a move higher potential on this pair. This bias also supported by rejection candle that formed on the weekly timeframe . Entry: Current price (Agressive) / Wait for a confirmation on a lower timeframe (Conservative) Stop: Below the bullish engulfing candle Target: First blue line "Losing is an inseparable part of trading. Do your risk calculation properly!!!"
Long
by disaresta
1
USDCAD - Short potential on 50% fib retracementThe price hovers at 50% fib retracement of its initial down move where the rejection candles that was formed for 2 consecutive previous days signals a downtrend continuation possibility. Trade plan: 1. Sell at market with stop above recent high or find a possible entry point at lower timeframe 2. Observe the price movement if your stop being triggered as the bias would be intact as long the price doesn't close above the recent high on the daily timeframe 3. Cut the profit after reaching the first target and let the remaining position run after placing your stop on at Breakeven or recent swing "Losing is an inseparable part of trading. Do your risk calculation properly!!!"
Short
by disaresta
1