Hey tradomaniacs,
AUD/USD is currently correcting within a rising-wedge which usually results in a continuation of the primary trend soon.
previous impulse to the downside has shown great momentum and I expect another attempt to break the support-zone as soon as the tracement is done.
Let`s see =)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
AUD/USD is currently correcting within a rising-wedge which usually results in a continuation of the primary trend soon.
previous impulse to the downside has shown great momentum and I expect another attempt to break the support-zone as soon as the tracement is done.
Let`s see =)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
Note
Note
AUD/USD:Day-Swingtrade-ExecutionMarket-Sell-Order: 0.72440
Stop-Loss: 0.72600
Point of Risk-Reduction: 0.72315
Take-Profit: 0.71850
Stop-Loss: 15 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
Note
AUD/USD: Crazy how the market moves considering that data were pretty bullish for the US-Dollar. I`ve watched the CoTs and have seen that retailers are mostly long with hedge-fonds which is often a great indication for shake-outs (taking liquidity).
However I took an additional risk and executed all trades once again at key-levels.
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.
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.