AUDUSD 0.78662 + 1.28 % LONG IDEA * PRICE ACTION & CRRCTION
Hello everyone
Hope everyone is good, Here's a look at the AUD/USD pair from the 4H chart looking for a swing hold on the pair the pair is currently in an uptrend looking for a continuation with the trend but before we continue with the trend looking to see a correction of the previous impulse move in the form of a bull flag or a retest of the 50% Fibonacci as this is the structure best aligning with structure before we see continuation.
* This is a predictive trade so watch price and keep the pair in your watch list
* Perfect opportunity for intra-day traders to trade the correction
* follow your entry rules
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Hope everyone is good, Here's a look at the AUD/USD pair from the 4H chart looking for a swing hold on the pair the pair is currently in an uptrend looking for a continuation with the trend but before we continue with the trend looking to see a correction of the previous impulse move in the form of a bull flag or a retest of the 50% Fibonacci as this is the structure best aligning with structure before we see continuation.
* This is a predictive trade so watch price and keep the pair in your watch list
* Perfect opportunity for intra-day traders to trade the correction
* follow your entry rules
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade closed: target reached
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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.
Related publications
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.