Right now Aussie is in a Daily Downtrend, so my plan would be:
First: SHORT From Red zone (~0.73000-0.73500), Watching Price Action and Charts pattern on 1h to find entry.
TP1: 0.71800
TP2: 0.70500
Then, LONG From Blue zone (~0.70400-0.69400),Will watch for entry. TP will update later.
Reason: Daily Bullish Gartley completion.
I am a new trader so would be nice if got comments.
First: SHORT From Red zone (~0.73000-0.73500), Watching Price Action and Charts pattern on 1h to find entry.
TP1: 0.71800
TP2: 0.70500
Then, LONG From Blue zone (~0.70400-0.69400),Will watch for entry. TP will update later.
Reason: Daily Bullish Gartley completion.
I am a new trader so would be nice if got comments.
Trade active
Shorted at 0.73000 yesterday.SL: 0.74000
TP1: 0.71800
TP2: 0.70500
Now price is 0.72521.
Note
TP1 Reached. SL to BENote
Note
Another Possibility:
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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.