Potential long AUDUSD wave from highlighted level
Orange lines - daily wave, classic ABC continuation
Green/Red lines - h1 exhaustion trading levels for the daily C point
Magenta lines - m15 exhaustion trading levels for low time-frame reactions
Our h1 expected turning point is 0.7470.
We've kept on the chart the arrow for our continuation play that failed - just a reminder there's no 100% in trading.
If you follow us in the forex chat room here, we just took the m1 long reaction from 0.7501 to 0.7514 partial tp - that is not however the big one we're after.
We expect h1 signals to form after the 0.7470 test sometime in the next 24 hours. Our expected movement is to 0.7750 with target area 2 at 0.7900.
Green/Red lines - h1 exhaustion trading levels for the daily C point
Magenta lines - m15 exhaustion trading levels for low time-frame reactions
Our h1 expected turning point is 0.7470.
We've kept on the chart the arrow for our continuation play that failed - just a reminder there's no 100% in trading.
If you follow us in the forex chat room here, we just took the m1 long reaction from 0.7501 to 0.7514 partial tp - that is not however the big one we're after.
We expect h1 signals to form after the 0.7470 test sometime in the next 24 hours. Our expected movement is to 0.7750 with target area 2 at 0.7900.
Bình luận:
m15 selling pressure
Bình luận:
management point short side
Bình luận:
profit point short side
m15 extreme candle
"blind" long continuation position
m15 extreme candle
"blind" long continuation position
Bình luận:
profit point 2 short side
"blind" long continuation position 2
"blind" long continuation position 2
Bình luận:
"blind" short continuation position 1
profit point for long continuation positions
profit point for long continuation positions
Bình luận:
Bình luận:
management short continuation - not a lot of movement but enough for m1 to validate the down reaction
Bình luận:
7573 short intermediate tp zone :)
Bình luận:
m15 extreme candle
close short continuation position 1
close short continuation position 1
Bình luận:
m15 movement complete and into a short reaction
only a small fraction of larger tf long positions should be kept here
only a small fraction of larger tf long positions should be kept here
Bình luận:
m15 short reaction validated into a risk free-trade
this 30 pip movement is not enough for tp given the RR requirements
short tp area starts around 7600
this 30 pip movement is not enough for tp given the RR requirements
short tp area starts around 7600
Bình luận:
m15 short tp1 and potential long continuation (7595)
Bình luận:
risk management and partial tp long continuation
Bình luận:
Tight trailer (7655) into a double top extension (7672)
Bình luận:
Continuation play done :)
There was an 8 pip loss yesterday on the 1st m1 attempt at this continuation
There was an 8 pip loss yesterday on the 1st m1 attempt at this continuation
Bình luận:
short side tp
reduced size, "blind" continuation pos (7635)
reduced size, "blind" continuation pos (7635)
Bình luận:
last "continuation" play of this move
weak m15
weak m15
Bình luận:
weak m15 long management