Possible Sell Trade on AUDUSD

5 ngày trước

This is my analysis trade for AUDUSD.
Weekly is bullish but Daily and 4H are both bearish for HTF direction.

I will wait for the price to go down first to break market structure for a possible continuation confirmation then pullback going up for the price to go to my sell zone first for me to enter on LTF.

I added a trade alert so I will not look at this pair in the week until my alert gets triggered.

Once price goes to my sell zone and I get my alert, that's the time I will go down and find my possible trade entry on lower timeframe so I can have a tighter stop loss and possibly get a better risk reward ratio.

Possible target would be the next swing low on the 4H timeframe.

I will update my trade idea here once price goes to my buy zone for my possible entry on the lower timeframe.

4 ngày trước

Bình luận

4H Market Structure Break just occurred and now I have a confirmation that we have more possible downside move for this pair..



Now my next alert would be for the pullback/retracement to happen and I will wait for the price to go to my sell zone where I placed another alert for me to enter the sell trade.

Still waiting up to this point... but the good thing is we have a valid sell trade setup.