4hr timeframe long, looking at AUDUSD, marked previous break out failures & gains. Simple price action retests within a range, not a trade aiming to see new breakouts or new lows/highs.
Simple local price action trade with 4:1 risk/reward. Ideal price action based trade, wishing to see it play out within the next few days.
Simple local price action trade with 4:1 risk/reward. Ideal price action based trade, wishing to see it play out within the next few days.
Trade closed: stop reached
out, closed out pos, $0.6612 failure
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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.