22nd of June:
"Last week we've had a clear downside move on AUDUSD.
Right now it looks like this move will continue and we're looking for a possible entry. "
Price reached the resistance zone and it bounced off.
That looks like an appropriate moment to get into a short position.
However, this move is still kind of weak and so we could see another pullback to the resistance zone.
Every impulse and a breakout of previous lows will confirm this direction.
Do not use big lot size when there is indecision in the market!
"Last week we've had a clear downside move on AUDUSD.
Right now it looks like this move will continue and we're looking for a possible entry. "
Price reached the resistance zone and it bounced off.
That looks like an appropriate moment to get into a short position.
However, this move is still kind of weak and so we could see another pullback to the resistance zone.
Every impulse and a breakout of previous lows will confirm this direction.
Do not use big lot size when there is indecision in the market!
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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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.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.