Last week AUDUSD went nowehere. It seems like it was consolidating for a move upwards.
In Week 22, I am expecting a bullish move but our bias still should be to short. So likely I will go in with half position for the long and the full position for the short. The crab pattern is quite clear and there is an alternate bat that comes in the same area.
The short ties back to the post from Week 21.
In Week 22, I am expecting a bullish move but our bias still should be to short. So likely I will go in with half position for the long and the full position for the short. The crab pattern is quite clear and there is an alternate bat that comes in the same area.
The short ties back to the post from Week 21.
Trade active
Trade moving nicely with about 20 pipsTrade active
AUD moved this up by 60 pips. Switch this to breakeven now.Trade closed manually
Hit my target of 100 pips. Counter trend so need to quick to take profit. Looking to short now.
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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.